Thursday, September 12, 2024

Chambers seek feedback about firms’ access to finance in South Yorkshire

Businesses across South Yorkshire are being asked to share their experiences of getting financial support, via a new poll conducted by the three regional Chambers of Commerce.

Open from now until Monday 16th September, the Access to Finance Survey will be used to gauge how the strength of demand for loans and investment within the private sector, and what more can be done to ensure the needs of indigenous firms are being met in these areas.

The survey asks respondents if they have actively sought business finance in the past few years and, if so, how confident they felt sifting through the various options available to them. They will be given an opportunity to identify their top considerations when looking for support, and to say if their plans have ever been disrupted as a result of them being unable to find what they needed.

Encouraging firms to fill in the Access to Finance Survey, the respective CEOs for the three South Yorkshire Chambers issued this joint statement: “As representatives of the region’s private sector, we know how crucial it is that our entrepreneurs, SMEs and ambitious business leaders are able to access the financial support they need. After all, this is what will enable them to unlock their true potential, fulfil their aspirations and ultimately grow.

“However, we also know that securing financial backing can be rather daunting and overwhelming if you’re uncertain how to do it, and that not everyone is sure of where they can turn for help. That is why we are urging businesses to complete this new survey, so that we can better understand their appetite for finance support, the obstacles they might be facing here, and the interventions they would like to see.

“Equipped with these insights, we will then be able to lobby for the kind of improvements and changes that are most coveted and will use our platform to help make sure that businesses are better connected to those with the power and inclination to invest.”

The Access to Finance Survey closes on Monday 16th September. It is sponsored by both the South Yorkshire Mayoral Combined Authority and Clear Insurance Management, with the three regional chambers carrying out the fieldwork.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.








Latest news

Related news