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February Insider 2017
SME borrowing is projected to rise 22% in 2017,according to Zuric
The survey of 1,000 SME owners showed that firms are planning to borrow an average of £41,770.
This would see lending to SMEs rise to over £50 billion in 2017.
Anne Griffiths, head of SME proposition at Zurich, said: “Borrowing can often be indicative of confidence, and increased investment in talent, equipment and business premises for growth may be one of the most encouraging indicators of all.”
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