Securing talent, making strategic investments, and fostering long-term growth remain key hurdles for small and medium-sized businesses (SMBs), in part due to limited financial resources. With fewer long-term lending options available, many SMBs are left relying on short-term credit to manage essential expenses. A recent survey underscored this challenge, revealing that a third (33%) of UK small businesses had placed over 25% of their monthly expenses on credit cards over the past year.
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