KPMG launches Enterprise Financing offering

KPMG launches Enterprise Financing offering

KPMG has announced that it has launched a new service offering aimed at assisting small and medium-sized businesses looking to raise debt finance up to £10m.

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KPMG’s Enterprise Financing offering will complement the firm’s extensive debt advisory expertise and will support SMEs looking to raise new debt finance or refinance between £2m and £10m. The offering will provide independent competition to the broker market, and is the latest service provided by KPMG as it continues to support privately-owned businesses of all shapes and sizes through KPMG Enterprise. 

Recent research from the British Business Bank indicates that total lending to SMEs over 2016 stood at £110 billion and within that, use of structured loans increased by £1.5bn (net) over the course of the year, with the data suggesting that banks currently approve approximately 8 in every 10 applications for finance.

Steve Elsigood, who leads KPMG’s Enterprise Financing offering in the UK, explained: “For any SME looking to raise debt, now is a great time to be in the market. Lenders have funds to put to work, pricing is attractive and the range and variety of funding options available to SMEs continues to increase. Navigating this landscape effectively can be difficult and time-consuming, which is why many businesses turn to independent advice on the best way forward.

Steve Elsigood continued: “Our new Enterprise Financing offering provides independent advice for a borrower ensuring they are partnered with the most appropriate lender for their requirements and secure market competitive terms.”

 

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For media queries only, please contact:

Katy Broomhead, Senior PR Manager, KPMG

T: 0161 246 4623
M: 07824 537963
E: katy.broomhead@kpmg.co.uk

KPMG Press office

Tel:  +44 (0) 20 7694 8773

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff.  The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.  

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