Business banking | SMEs still avoiding banks

Until the trust has been restored between SMEs and the banks, the business banking will not improve, new research by Federation of Small Businesses found. The survey of 1410 members has highlighted the fact that SMEs are still avoiding the banks. Only 18 per cent of small firms have approached the banks for new credit in last two months, with 50 per cent of these successful in their application. To read the full story, please visit The online resource for SMEs in the UK

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: