British Business Bank Finance, Support for Vulnerable Businesses, and Mid-Size Business Optimism – BFB 225
We often share news of how the British Business Bank has supported lenders by providing funding for on-lending to growing businesses. We open this Bulletin by taking a look at the British Business Bank’s contribution to improving access to finance as detailed in their latest Annual Report.
New research carried about by the Lending Standards Board and Business Debtline has revealed that lenders need to provide more support to vulnerable business owners. We look at how these two bodies can assist businesses which find themselves in challenging situations.
In recent Bulletins we have featured news that small businesses are feeling less than optimistic about their prospects. However, according to latest research from Nat West, mid-sized businesses are feeling more confident about the economy and their business performance over the next 12 months.