Sep 3rd, 2010 in
Perception |
1 comment
With their recent investments and profit reports, UK banks appear to be recovering quite well and once again beginning to live large. However, entrepreneurs in search of funding for starting a business should not expect to necessarily see a piece of that pie. Never mind that some of these institutions are now at least partially owned by the British public, after being bailed out with our hard-earned money; banks are...
Bank Lending
So what is the real state of affairs with bank lending to small businesses? According to Lloyds Bank small businesses don’t want to borrow whilst the Co-operative Bank have said they’ve more than doubled lending to SMEs. Has there been a swing away from the larger bank lenders to the smaller, potentially more ethical, banking institutions? Or are we just suffering from the effects of PR...