SME borrowing environment new scheme

A new scheme has been implemented to improve the borrowing environment for small and medium-sized enterprises in the UK. Many small businesses in the UK are finding that because of the economic recession they are being refused loan applications. This scheme allows them to reapply for a loan after being refused for the first time. […]

Read More

Budget package for SMEs

The chancellor announced a new set of measures that will aid grassroots economy in the recovery effort that includes additional lending for SMEs that totals up to around £45 billion. The funding will come from the state controlled banks Royal Bank of Scotland and Lloyds under the terms of setting a capital growth fund so […]

Read More

SMEs confident about the rest of the year

UK SMEs have developed a new spirit fighting to navigate through their upcoming prospects in 2010, as well as the overall state of the economy.  However, some may fall into the lower tier of the SME economy in terms of customer service according to research released from Cisco. The 2010 Cisco Customer Kings report looked […]

Read More

Are banks overcharging SME’s for loans?

The RBS and Lloyds Banking Group are currently under investigation by the Government after allegations surfaced that the two groups may be purposely increasing loan costs to small business enterprises. An unidentified source from the Government stated that investigators are not focused on forcing the banking institutions to make uneconomic loans, but current research shows […]

Read More