FD Report: SME funding
Finance is the life blood of starting and growing a business. We look at whether banks’ attitudes towards lending have changed and if government initiatives will make a difference
There is a healthy dose of scepticism among finance directors that the deal between the government and the UK’s biggest banks, dubbed Project Merlin, will produce the dose of magic needed to kickstart lending to the businesses that need it most. We look at what FDs can do to improve their chances of gaining access to credit.
Meanwhile, various government initiatives – both new and old – have been designed to provide funding for growing businesses. We ask if reforms to the Enterprise Investment Scheme will succeed and receive a passionate defence of the Enterprise Finance Guarantee by one of its creators.
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