Alternative Lenders Set To Benefit From CMA Banking Recommendations

FOR IMMEDIATE RELEASE

Boost Capital, the challenger lender to small businesses, welcomes the recommendations of the CMA report into retail banking. Managing Director, Alex Littner commented, 'There is a clear trend towards businesses moving to the alternative lenders such as Boost, but too few are clear about what options are available to them. The pressure from the CMA to force banks to be very clear about the alternatives is welcome. Not only is this good news for the alternative lenders now competing with the high street banks, but also for businesses who will have better understanding of the choices available to them.'


About Boost Capital

As a specialist small business lender, we're champions of the SME sector. We are here to help UK SMEs achieve their full potential by providing fast, flexible, and hassle-free small business loans. 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.