Friday, September 17

Report on bank small business lending decisions 'a pointless exercise'

Extract . . .

“Senior figures in the credit referencing industry have said a move by major banks to have the creditworthiness of their business customers independently profiled is "a pointless exercise" that brings nothing new to the lending deadlock. The move is an attempt to defuse the row over small businesses' access to finance.”

Link
http://www.telegraph.co.uk/finance/yourbusiness/8000675/Report-on-bank-small-business-lending-decisions-a-pointless-exercise.html

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