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The Independent UK
The Independent UK
Business

How SMEs can access grants and funds in the UK

The key is to identify the most suitable sources and prepare strong applications - (iStock)

For many small and medium-sized enterprises, securing funding can be one of the biggest challenges to growth. Whether a business is looking to hire staff, invest in new equipment, expand into new markets or develop innovative products, a financial boost is often essential.

But while many business owners think of bank loans, the UK offers a wide range of grants, funding schemes and alternative finance options, which can help companies access the capital they need.

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