US EditionSME lending hit £4.6bn in Q1 - Credit Connect
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SME lending hit £4.6bn in Q1 - Credit Connect
Lending to small businesses by high street banks hit the highest level since 2022, a sixth consecutive quarterly rise in the opening three months of 2025. UK Finance data showed that lenders issued £4.6 billion worth of loans in Quarter 1 (Q1), with this a 14% year-on-year jump. This represents a 14 per cent increase year-on-year, with the rise driven by agriculture, manufacturing, wholesale and retail, and health sectors. Lending to the smalles…
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