Meet the SME Finance Broker Supporting New Businesses During COVID-19
BizBritain
BizBritain
London, UK, Oct. 08, 2020 (GLOBE NEWSWIRE) — While the COVID-19 outbreak continues to spark uncertainty throughout the economy, a growing number of ambitious entrepreneurs are using the pandemic as a unique opportunity to design, build, and develop their own businesses from the ground up. Following a worrying period of job losses, the number of new businesses being registered with Companies House is understood to have experienced a 50% year-on-year increase, with many new start-ups securing essential funding through SME finance expert, BizBritain.
A UK-based commercial finance broker, BizBritain has secured funding totalling more than £30 million since the service was first launched in 2012, with an estimated £6 million being distributed over the past 6 months alone during the country’s COVID-19 lockdown. Companies House data suggests that while the number of new businesses initially dropped through March, April, and May, start-up registrations grew to a whopping