FOR IMMEDIATE RELEASE

Comment from Alex Littner, Managing Director, Boost Capital

Responding to the comments of Small Firms Minister, Anna Soubry, in the Business Select Committee, Alex Littner, Managing Director of Boost Capital said: ‘We welcome the comments of the Minister in acknowledging that more needs to be done to highlight the different choices available to businesses for their financing needs. The alternative lenders and challenger banks are now playing an increasingly important role, but businesses are still not sufficiently aware of the full range of options open to them. We look forward to the government now playing their part in facilitating greater awareness.

Boost Capital has seen a growth in its lending of over 100% year on year and has plans to continue expanding in support of UK small businesses.

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We have over 14 years' experience helping SMEs with their plans to grow. We've helped more than 14,000 businesses across 400+ industries, and have funded more than £750m.