|Alternative Funding Network|
Liberis joins alternativebusinessfunding.co.uk
Liberis, a business cash advance provider, will soon be joining the finance portal alternativebusinessfunding.co.uk. This portal aims to support SMEs that are searching for non-bank funding solutions. Liberis, in particular, will be especially interesting for smaller SMEs that cannot obtain loans from a bank. A study conducted by Onepoll for Liberis has shown that 32% of these ‘micro’ business have been turned down by banks and 60% of these have had cashflow issue or other problems. This study also showed that most of these businesses are less likely to search out other sources of funding because they don’t know where they should look.