Is it hard to get a business loan for startups and SMEs?

Find the right loan in 30 seconds: https://www.befund.org/business-loans... Are you trying to get a small business loan, but wondering how difficult the process is? What's changed in recent years to affect your chances of getting funded? This video covers the state of UK commercial finance and breaks down some tips for successful applications. Business Enterprise Fund (BEF) provides startup and SME loans on a not-for-profit, social impact basis to communities across the North. Our lending decisions are based on protecting and strengthening local economies, not just enriching shareholders. When traditional lenders like mainstream banks let you down, we step up and say ‘yes.’