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6 million+ active UK businesses | 2.7 million+ marketable business records | 20 million+ decision maker details | 1 million+ updates every month | 50+ advanced search filters | Market leading insolvency scorecard
In recent years, SMEs have found it increasingly easy to obtain unsecured loans. Many business owners are not able, or willing, to provide collateral for a secured loan so they’re turning to the growing market of unsecured debt.
Data from Red Flag Alert, which monitors the financial health of UK companies, identifies 472,183 businesses were experiencing ‘Significant’ financial distress at the end of June 2018, up 9% compared to the same stage last year (Q2 2017: 434,492) but down 1% compared to the previous three months of the year (Q1 2018: 477,183).