The biannual Ferratum SME Future Climate Indicator has revealed that 35% of UK small and medium businesses view the summertime as the bumper time of the year when it comes to building sales and revenues.

They also, shaking off concerns about the general uncertainty caused by Brexit, are feeling confident about investing in their business.

The Future Climate Indicator found that as many as 72% of SMEs said they would comfortably seek external funding to help grow their business. When they did so they were increasingly likely to look for alternative sources of funding rather than seek out traditional bank lending.

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