What does resilience mean?
What does it mean to be a resilient business? To us at Ultimate Finance, it can be the ability to bounce back from the tough times, or to keep going during a difficult spell and make it out the other end stronger than ever.
It’s those moments that will define you and your business.
Of course, recovering from set-backs is important but, as the saying goes, if you fail to prepare then prepare to fail. Having the foresight to plan for any potential challenges even during times of prosperity can make all the difference. Our research shows that this is a lesson that SMEs are all too aware of; 58% of SMEs we questioned have taken steps to improve business resilience in the past 12 months, and a whopping 79% already consider themselves resilient. There is no doubt that many businesses are in a great place for whatever is to come.
“It’s critical that SMEs don’t feel like they are alone when faced with difficult times. There is help available – they just have to ask for it.”
At Ultimate Finance we are so proud of the many businesses that have come to us for help, who go on to prosper after securing the help they need. It’s so rewarding to know that the support we offer our customers is contributing to a shift in mindset about the benefits of funding. Because, we know that good funding – that is flexible and fair – does the world of good for businesses.
We take our role as a partner to the SME sector very seriously. That’s why we are launching our resilience campaign, sharing a wealth of expert knowledge and insights to ensure you have the support you need to further strengthen your business. We want every business in the UK to survive and thrive, and to know that if they need it, we’re here to help.