Chris Meldrum, national business development director at Aldermore speaks about Brexit and its impact on SMEs finance.
Since the EU referendum in June 2016, businesses have been looking for clarity over what the future will mean for operations such as pricing, availability of goods and exchange rates.
Many SMEs hoped that a deal would be reached with the EU, helping to ensure a stable and smooth transition. However, if we leave without a deal, this could create significant issues for many businesses and lead to a rise in demand for finance products.
Finance providers, brokers and advisers all have a role to play in assisting businesses, helping them to find effective and practical solutions to some of the issues Brexit could bring.