Results of a survey commissioned by leading invoice and asset-based financier, Venture Finance PLC, show that 73 per cent of small- and medium-sized enterprises (SMEs) are optimistic about their economic prospects for 2004.
The survey results support market predictions of an economic upturn, with the Bank of England predicting a 3.4 per cent growth in GDP this year, compared to the 2.1 per cent growth last year.
Lack of finance was a major fear highlighted by the survey, with almost one quarter of senior decision makers citing this as a problem.