Are you suffering a bank note shortage?

It may not be a problem that online SMEs suffer but according to plenty of rural and suburban businesses, they need more finest folding. They are suffering a shortage of cash money that’s vital for forming their float.

The new sexy polymer fiver isn’t enough to alleviate what is a shortage of cash machines and outlets across the country. And that means fewer ways of getting cash in less metropolitan areas.

680 UK bank branches were closed in 2015 and that comes on top of 512 closures in 2014. At the end of 2015, apparently, the total number of branches open for business stood at 8,340. And that’s less than half of the 17,831 recorded in 1989, according to the Campaign for Community Banking Services group.

Contactless has meant that card payments are more convenient for consumers and businesses and, also, cheaper for merchants. But it is still not surprising to find businesses who doesn’t take cards. I experienced it myself in a Sussex pub a few weeks ago as we arrived for a roast. The nearest cash machine was 4 miles away, the girl behind the bar informed us.

Obviously we went elsewhere to eat. But, really, why isn’t a place like a pub taking cards in 2016? My companion noted: “Because they’re on the fiddle.” I’m not sure that’s true because there are stacks of option and the pub did offer wi-fi. I think it’s managerial obstinace.

Or maybe we should have had enough cash? They definitely didn’t take PayPal.