The study, by finance broker Hilton-Baird Financial Solutions, found that over a third of those surveyed had used credit cards to finance their business and almost a quarter had asked friends and family for loans. Evette Orams, managing director of Hilton-Baird said that small firms "would do well to steer clear of short-term, costly and inflexible methods, such as credit cards" as they posed greater risks in the long term.

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http://www.prlog.org/10742928-funding-challenges-turn-smes-towards-risky-finance.html