--- title: "Meaning & Key Takeaway of: Small- and medium-sized businesses need…" description: "\"Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still ..." image: "https://sms4smile.com/quotes/i/3d7/vince-cable-10688_access_small-and-medium-sized-businesses-need-a_1277402.png" --- # Small- and medium-sized businesses need access to a… ![“Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market.” quote by Vince Cable](https://sms4smile.com/quotes/i/3d7/vince-cable-10688_access_small-and-medium-sized-businesses-need-a_1277402.png) [Download](https://sms4smile.com/quotes/i/3d7/vince-cable-10688_access_small-and-medium-sized-businesses-need-a_1277402.png) [Open image](https://sms4smile.com/quotes/i/3d7/vince-cable-10688_access_small-and-medium-sized-businesses-need-a_1277402.png) > “Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market.” [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Small and medium enterprises need varied financing, especially non‑bank sources, to boost competition and choice **In simple terms:** SMEs require diverse finance options for better market competition Key Takeaway Promote non‑bank lending to expand SME financing options Themes economics finance competition Mood analytical pragmatic Type policy informative When to use this quote - business planning - loan applications - policy advocacy - financial education Key Concepts Financial inclusion alternative lending market dynamics Questions to Reflect On - What safeguards ensure responsible non‑bank lending? - How can SMEs assess alternative financing options? A Different Perspective Non‑bank lenders may have higher risk profiles ★ ★ ★ ★ ★ No ratings yet [Access](https://sms4smile.com/quotes/about/access/) [Business](https://sms4smile.com/quotes/about/business/) [Choices](https://sms4smile.com/quotes/about/choices/) [Competition](https://sms4smile.com/quotes/about/competition/) [Finance](https://sms4smile.com/quotes/about/finance/) [Money](https://sms4smile.com/quotes/about/money/) [Today](https://sms4smile.com/quotes/about/today/) ## Related quotes > [I have always said that a bank's lending rates do not only depend on rate cuts - it is just one signal.](https://sms4smile.com/quotes/chanda-kochhar/i-have-always-said-that-a-bank-s-lending-rates-do-not-only-depend-on/) [Chanda Kochhar](https://sms4smile.com/quotes/author/chanda-kochhar/) > [Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional activities as banks try…](https://sms4smile.com/quotes/vince-cable/investment-banking-has-in-recent-years-resembled-a-casino-and-the-2/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending…](https://sms4smile.com/quotes/vince-cable/investment-banking-has-in-recent-years-resembled-a-casino-and-the/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to the manufacturers, exporters and…](https://sms4smile.com/quotes/vince-cable/we-need-a-new-british-business-bank-with-a-clean-balance-sheet-and-an/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets.…](https://sms4smile.com/quotes/vince-cable/banks-operate-like-a-man-who-either-wears-his-trousers-round-his/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Seneca devoted much of his time to writing essays in praise of poverty, and in lending money at usurious rates.](https://sms4smile.com/quotes/josh-billings/seneca-devoted-much-of-his-time-to-writing-essays-in-praise-of/) [Josh Billings](https://sms4smile.com/quotes/author/josh-billings/) > [You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.](https://sms4smile.com/quotes/meredith-whitney/you-can-make-great-money-in-a-utility-type-of-business-by-borrowing/) [Meredith Whitney](https://sms4smile.com/quotes/author/meredith-whitney/) > [Tis moonlight, summer moonlight, All soft and still and fair; The solemn hour of midnight Breathes sweet thoughts everywhere, But most where trees are…](https://sms4smile.com/quotes/emily-bronte/tis-moonlight-summer-moonlight-all-soft-and-still-and-fair-the-solemn/) [Emily Bronte](https://sms4smile.com/quotes/author/emily-bronte/) > [“There’s a best time for everything – including the acquisition of capital.”](https://sms4smile.com/quotes/hendrith-vanlon-smith-jr/there-s-a-best-time-for-everything-including-the-acquisition-of/) [Hendrith Vanlon Smith Jr](https://sms4smile.com/quotes/author/hendrith-vanlon-smith-jr/) > [If you are in banking and lending, surprise outcomes are likely to be negative for you.](https://sms4smile.com/quotes/nassim-nicholas-taleb/if-you-are-in-banking-and-lending-surprise-outcomes-are-likely-to-be/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [The Rothschilds, and that class of money-lenders of whom they are the representatives and agents - men who never think of lending a shilling…](https://sms4smile.com/quotes/lysander-spooner/the-rothschilds-and-that-class-of-money-lenders-of-whom-they-are-the/) [Lysander Spooner](https://sms4smile.com/quotes/author/lysander-spooner/) > [There are clear patterns of discrimination against Blacks and Latinos. The big banks targeted Blacks and Latinos with toxic packages of subprime predatory lending.](https://sms4smile.com/quotes/jesse-jackson/there-are-clear-patterns-of-discrimination-against-blacks-and-latinos/) [Jesse Jackson](https://sms4smile.com/quotes/author/jesse-jackson/) > [I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into…](https://sms4smile.com/quotes/barack-obama/i-am-asking-my-attorney-general-to-create-a-special-unit-of-federal/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [If you lend something you may lose it, but not if you give it. Giving is much better than Lending.](https://sms4smile.com/quotes/vikrant-parsai/if-you-lend-something-you-may-lose-it-but-not-if-you-give-it-giving/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [The everlasting universe of things Flows through the mind, and rolls its rapid waves, Now dark--now glittering--now reflecting gloom-- Now lending splendour, where from…](https://sms4smile.com/quotes/percy-bysshe-shelley/the-everlasting-universe-of-things-flows-through-the-mind-and-rolls/) [Percy Bysshe Shelley](https://sms4smile.com/quotes/author/percy-bysshe-shelley/) ## More by Vince Cable > [The government increasingly resembles somebody who is trying to give the kiss of life to a corpse.](https://sms4smile.com/quotes/vince-cable/the-government-increasingly-resembles-somebody-who-is-trying-to-give/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Our workforce is very co-operative, very flexible, easy to work with and one of the big selling points. The idea that Britain is still…](https://sms4smile.com/quotes/vince-cable/our-workforce-is-very-co-operative-very-flexible-easy-to-work-with/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will…](https://sms4smile.com/quotes/vince-cable/the-degree-of-leverage-now-being-reversed-is-staggering-and-the/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Fundamental renegotiation is very, very unlikely to produce any significant change](https://sms4smile.com/quotes/vince-cable/fundamental-renegotiation-is-very-very-unlikely-to-produce-any/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading…](https://sms4smile.com/quotes/vince-cable/the-real-problem-at-the-moment-is-that-the-banks-because-of-their/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [When I was a child we were sufficiently well off for me to be a picky eater and I still cannot eat vegetables cooked…](https://sms4smile.com/quotes/vince-cable/when-i-was-a-child-we-were-sufficiently-well-off-for-me-to-be-a-picky/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Quite apart from the problem of the vote, it's bad for the image of Parliament that people take the trouble to come up and…](https://sms4smile.com/quotes/vince-cable/quite-apart-from-the-problem-of-the-vote-it-s-bad-for-the-image-of/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets.…](https://sms4smile.com/quotes/vince-cable/banks-operate-like-a-man-who-either-wears-his-trousers-round-his/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [I've always been comfortable working with women and I've had two happy marriages. Draw what conclusions you like from that.](https://sms4smile.com/quotes/vince-cable/i-ve-always-been-comfortable-working-with-women-and-i-ve-had-two/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [My college, Fitzwilliam, was pretty good but unfashionable and I lived in digs so I was not part of the cloistered 'old college' environment,…](https://sms4smile.com/quotes/vince-cable/my-college-fitzwilliam-was-pretty-good-but-unfashionable-and-i-lived/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [The Robert Mugabe school of economics provides a salutary warning about uncontrolled monetary expansion in generating hyper-inflation. The road to Harare is not as…](https://sms4smile.com/quotes/vince-cable/the-robert-mugabe-school-of-economics-provides-a-salutary-warning/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Much of the shadow banking sector, a major contributor to the economic crisis, was also only possible because of taxhaven secrecy.](https://sms4smile.com/quotes/vince-cable/much-of-the-shadow-banking-sector-a-major-contributor-to-the-economic/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [My late wife Olympia was Goan and I've been to India many times. I love the food there. We used to do our shopping…](https://sms4smile.com/quotes/vince-cable/my-late-wife-olympia-was-goan-and-i-ve-been-to-india-many-times-i/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think most people would argue…](https://sms4smile.com/quotes/vince-cable/well-as-i-said-you-know-the-issue-of-greek-debt-they-ve-grasped-the/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) > [There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other…](https://sms4smile.com/quotes/vince-cable/there-was-of-course-a-global-financial-crisis-but-our-labour/) [Vince Cable](https://sms4smile.com/quotes/author/vince-cable/) [Explore all 64 Vince Cable quotes ](https://sms4smile.com/quotes/author/vince-cable/) ## More Access quotes > [Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them the tools at their disposable that…](https://sms4smile.com/quotes/marco-rubio/conservatism-is-not-about-leaving-people-behind-conservatism-is-about/) [Marco Rubio](https://sms4smile.com/quotes/author/marco-rubio/) > [You can disseminate your art, and it's all such easy access now. The upside to it is that more people are creating than ever…](https://sms4smile.com/quotes/stanley-clarke/you-can-disseminate-your-art-and-it-s-all-such-easy-access-now-the/) [Stanley Clarke](https://sms4smile.com/quotes/author/stanley-clarke/) > [It's the same with this idea of a literate public, and also of a democracy in which people have access to and really read…](https://sms4smile.com/quotes/robert-hass/it-s-the-same-with-this-idea-of-a-literate-public-and-also-of-a/) [Robert Hass](https://sms4smile.com/quotes/author/robert-hass/) > [My hope is that if people have the knowledge, and if they actually see where their food comes from and have access to the…](https://sms4smile.com/quotes/michael-pollan/my-hope-is-that-if-people-have-the-knowledge-and-if-they-actually-see/) [Michael Pollan](https://sms4smile.com/quotes/author/michael-pollan/) > [I don't think it's always a sign of respect for persons (inside or outside of fiction) to pretend to be able to represent, to…](https://sms4smile.com/quotes/ben-lerner/i-don-t-think-it-s-always-a-sign-of-respect-for-persons-inside-or/) [Ben Lerner](https://sms4smile.com/quotes/author/ben-lerner/) > [Leslie Stein's comics give readers privileged access to a complete and wholly original world of gently skewed wonders.](https://sms4smile.com/quotes/jim-woodring/leslie-stein-s-comics-give-readers-privileged-access-to-a-complete/) [Jim Woodring](https://sms4smile.com/quotes/author/jim-woodring/) > [The best way to fight poverty is to empower people through access to quality education](https://sms4smile.com/quotes/john-legend/the-best-way-to-fight-poverty-is-to-empower-people-through-access-to/) [John Legend](https://sms4smile.com/quotes/author/john-legend/) > [Because the Internet's there, I have access to a lot of the legends, like Fela Kuti. I used to watch a lot of Fela…](https://sms4smile.com/quotes/king-krule/because-the-internet-s-there-i-have-access-to-a-lot-of-the-legends/) [King Krule](https://sms4smile.com/quotes/author/king-krule/) > [There needs to be some regime that is overseeing access to broadband to make sure we have openess; otherwise, there is a risk it…](https://sms4smile.com/quotes/vint-cerf/there-needs-to-be-some-regime-that-is-overseeing-access-to-broadband/) [Vint Cerf](https://sms4smile.com/quotes/author/vint-cerf/) > [While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through…](https://sms4smile.com/quotes/maria-bartiromo/while-it-s-wonderful-that-investors-have-access-to-all-the-data-now/) [Maria Bartiromo](https://sms4smile.com/quotes/author/maria-bartiromo/) > [It is truly vital for the United States to assure that it is not attacked with weapons of mass destruction; to prevent wars in…](https://sms4smile.com/quotes/stephen-kinzer/it-is-truly-vital-for-the-united-states-to-assure-that-it-is-not/) [Stephen Kinzer](https://sms4smile.com/quotes/author/stephen-kinzer/) > [Now that I'm more middle class, I have access to consumer goods. I do enjoy feminine frippery, feminine doo-da, stuff like that.](https://sms4smile.com/quotes/shirley-geok-lin-lim/now-that-i-m-more-middle-class-i-have-access-to-consumer-goods-i-do/) [Shirley Geok-lin Lim](https://sms4smile.com/quotes/author/shirley-geok-lin-lim/) > [Schools have never been about getting access to information. That's the job of libraries. Schools and universities have nobler missions as gentle gatekeepers. Their…](https://sms4smile.com/quotes/andrew-nikiforuk/schools-have-never-been-about-getting-access-to-information-that-s/) Andrew Nikiforuk > [To pray is to open the door unto Jesus and admit Him into your distress. Your helplessness is the very thing which opens wide…](https://sms4smile.com/quotes/ole-hallesby/to-pray-is-to-open-the-door-unto-jesus-and-admit-him-into-your/) [Ole Hallesby](https://sms4smile.com/quotes/author/ole-hallesby/) > [Broadband Internet access shouldn't depend on who you are or where you're from.](https://sms4smile.com/quotes/ajit-pai/broadband-internet-access-shouldn-t-depend-on-who-you-are-or-where/) [Ajit Pai](https://sms4smile.com/quotes/author/ajit-pai/) [Browse all 2,178 Access quotes ](https://sms4smile.com/quotes/about/access/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. 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