Alan Davies’ Post

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Director of Brand Management at Finastra

🔎 In the UK, SMEs contribute nearly two-thirds of employment and £2.4 trillion in turnover. Yet, 49% find it harder to secure funding now than three years ago, with 28% facing rejection since November 2023. 💡 Lekshmi Nair from Finastra highlights the challenges SMEs face, including rising costs and regulatory burdens. Traditional banks struggle with manual processes, but Finastra is stepping in with innovative solutions. ✔️Our solutions streamline processes, enhance efficiency, and expand access to finance, supporting SMEs and their vital role in our communities. Read more: https://okt.to/5YUzZV #SMEs #Finance #Innovation #FinancialInclusion #Finastra

Solving the SME Banking Conundrum

Solving the SME Banking Conundrum

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