Taskforce pledges help with Better Finance for SMEs

Posted on 16 Mar 2011 by The Manufacturer

A banking taskforce has launched the Better Business Finance campaign which includes a £2.5bn growth fund and the provision of mentors to help companies navigate lending approval decisions.

The Business Finance Taskforce has launched a campaign uniting all UK high street banks that is designed to provide faster approvals for bank lending to businesses. It includes a £2.5bn Business Growth Fund for bank loans to qualifying businesses, aimed especially at SMEs. The Better Business Finance campaign, originally announced last summer, was launched by…

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