The ACT has responded to the UK’s Department for Business Call for Evidence and provided feedback from ACT members involved with mid-sized companies. For larger companies there are many different markets and techniques that can be used to raise loan finance, but often these markets are not suitable for mid-sized companies. For these companies if the amounts being borrowed are smaller the fixed costs of setting up the new borrowings can be disproportionate and prohibitive. For companies with limited resources the cost of non bank finance can be a disincentive, and in particular the senior management time required to inform new investors as to the nature and risks of the industry and company. Comparisons with the cost of bank funding are clouded by the link to ancillary business too. Further views and comments from mid-sized companies are included in the ACT response to the Department for Business Innovation and Skills.