According to iwoca's Q2 2024 SME Expert Index, a noteworthy 73% of SME finance brokers express optimism, marking a 3pp increase since the previous quarter.
While brokers remain optimistic about the small business landscape, only 56% of SME owners feel positive about their financial prospects, signaling a cautious approach.
Concerns over a potential recession have significantly waned, with just 34% of brokers reporting their clients worry about it, indicating improved business confidence.
With 0% of brokers citing business closure as a primary concern for SMEs, existential fears appear to have diminished due to improved economic stability.
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