Gross lending to UK small and medium-sized businesses reached £5.35 billion in the second quarter of 2026, its highest quarterly level since the pandemic. However, heavier use of overdraft facilities and a fall in applications during the quarter suggest that the headline increase does not tell a simple story of rising confidence. The figures were…
The Bank of England says UK credit supply exceeds demand, but lenders still prefer larger clients. We examine what this means for invoice discounting, asset finance and SME borrowing choices.