Quote by Vince Cable

Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market.


Small- and medium-sized businesses need access to a diverse

Summary

This quote highlights the importance of offering diverse finance options, particularly non-bank lending, to small- and medium-sized businesses. While these alternative forms of finance may currently be on a smaller scale, they have the potential to bring about positive change by broadening the choices and increasing competition within the lending market. This can benefit businesses by providing them with more flexibility and access to capital to fuel growth and meet their financial needs.

Topics

Finance
By Vince Cable
Liked the quote? Share it with your friends.

Random Quotations