The alternative financial services has helped bolster significant market growth for 2017.

 

Sancus , a subsidiary of Sancus BMS Group, has surpassed £ in provision of Supply Chain Finance, along with other working capital solutions, to SMEs and entrepreneurs.

 

The comes as the firm has begun a programme of ongoing improvements supported by feedback from clients and funders, including a review of its suite of services to make sure it is meeting the needs of SMEs.

 

Sancus says its achievement endorses recent figures from the UK’s alternative finance market which showed growth of per cent year-on-year in 201, going from £3.2bn to £4.6bn.

 

Over the last for years, the Sancus BMS Group as a whole has provided more than £700m of to SMEs and entrepreneurs. Sancus Finance recently expanded its offering to include property finance for bridging and projects, after the addition of FCA-authorised Sancus Funding to the group.

 

Dan Walker, managing director commented: “The growth in the alternative finance market is also reflected in the upward trend in enquiries we have had from SMEs for alternative funding solutions.”

 

“We need to encourage SMEs to invest in their growth through the provision of fast, easy and transparent funding solutions which will increase their confidence in an increasingly uncertain economy. Sancus and its funders are committed to supporting these businesses by injecting funds into the economy.”

 

Comments



Source link
(http://www.altfi.com//4004_sancus_finance_hits_200m_funding_)

LEAVE A REPLY

Please enter your comment!
Please enter your name here