Watch: SME challenges with traditional banking and potential responses

Established SMEs, which account for almost a third of UK economic activity and jobs, find themselves often neglected by high street and fintech banks. Many banks struggle to cater to the unique requirements and complexity of the sector, preferring instead to focus on consumer, micro businesses and large corporate markets.

In our joint webinar with ICAEW, Allica Bank's Chief Product & Strategy Officer Conrad Ford explains how we are where we are today. He dives in to the common challenges SMEs often face when accessing banking services, and how accountants can respond to and support their clients.

Watch the webinar.

 

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Further reading

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What business savings account should I open? A guide for business owners

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How to save money as a business: Top 9 smart cash management strategies

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