November 2013

Financing Environment Soars

A recent study by ECI Partners showed that funding conditions for growth companies in the UK have improved significantly. The survey, which polled more than 650 UK companies was optimistic about raising finance for their companies. 

“The importance of growth companies cannot be overstated, as they play an essential role in creating jobs and boosting UK prosperity,” said David Ewing, a managing partner at ECI partners.

  • There has been a 6.5% growth increase in UK businesses from the previous year
  • Some 73% of UK companies are likely to require funds for growth in their business
  • 57% of UK growth companies are considering private equity funding this year (up from 43% last year)
  • Bank funding is becoming more readily available

The survey can be downloaded here.