The survey urges SMEs to broaden their horizons when it comes to investing in growth.

Adrien brings extensive experience in financial services, particularly within private equity.

The maximum loan has increased to £150,000 as part of the changes.

The former managing director of the NACFB has joined Fiducia Commercial Network.

Matt will support SMEs in Essex and the surrounding areas.

Nearly half (47%) of brokers report heightened SME recession fears, up 12 points in the last quarter.

The cashflow loan sits alongside an invoice finance or structured finance facility.

The new team members will support SMEs with tailored working capital solutions.

UTB aims to establish a local presence, building new relationships with brokers serving SMEs operating in a wide range of sectors.

Fiduciam will utilise the additional capacity to continue funding projects across the UK.