The Government's £80bn Funding for Lending scheme has been extended and has given banks an incentive to lend to SMEs, but are companies even aware of it?
George Osborne yesterday extended the Funding for Lending to January 2015 and, more importantly, gave the banks a real reason to lend more to small and medium sized businesses, which hitherto have not seen much of the money. Banks have to fund themselves regularly and Funding for Lending is cheap money. Now Funding for Lending has offered an…
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