Growth and funding ambitions have strengthened amongst SMEs over the course of 2019, according to the latest report by asset based lender Independent Growth Finance.

The data shows that almost three quarters (73%) expect to see their revenues climb in the next 12 months, compared to 69% at the start of the year. Of those seeking to raise funds to support growth, the average amount has also increased by 22% – or £250,000.

Little has proved effective in reducing Brexit concerns amongst SMEs – up from 90% to 93% since January. Yet, new findings suggest investment is high on the agenda for 2020.