Under possible legislation, banks may be legally obliged to help match small firms that are turned down for loans with alternative lenders. This is in an effort to increase sources of finance for small businesses, amid continuing suggestions that banks are failing to support them.
Budget 2014: Banks could be forced to direct rejected loan applicants to alternative lenders
More businesses than ever before are looking to Boost Capital for their business financing needs. To learn more about how our UK small business loans work or to explore the business financing options that are available to you, contact us today!