Lloyds Asset Finance Fund, Business Borrowing Appetite & Reporting Fraud – BFB Epsd 188
Preserving working capital is crucial to ensure you don’t run out of cash. If need to buy assets such as plant and machinery, then using an Asset Finance facility is one option. Recognising the importance of keeping cash within the business, we start our Bulletin with an announcement from Lloyds Bank of the launch of their new Asset Finance fund.
With retail sales slowing down we look at how businesses are becoming increasingly cautious about borrowing money. The latest statistics from UK Finance reveal a contraction in borrowing but an increase in the amount of cash held in bank accounts.
Have you ever been a victim of online fraud? A survey from Barclays discovers how many frauds are never reported to the banks or authorities. What can you do to prevent falling foul of online fraudsters and whom can you report it to?
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