CBI comments on Q4 business lending
Matthew Fell, CBI Director for Competitive Markets, said:
“It’s good news for growth that more lending applications from small and medium-sized firms are being approved by banks. There are also encouraging signs that businesses are feeling more confident about applying for finance.
“More SMEs now know about the Funding for Lending initiative but the Government must work even harder to improve awareness and access to this, and other finance support, by creating a new one-stop-shop under the Business Bank.”
Story provided by StockMarketWire.com