Half of Small Business Owners Unsatisfied with Current Banking

Forum of Private Business survey reveals a quarter of businesses still unwilling to switch to alternative funding Figures released today by business support group The Forum of Private Business (fpb) revealed that just under 50% of small businesses surveyed were unsatisfied with their current bank funding options. Participants cited bank charges, reductions or calling in of loans, and complications in receiving finance as their main causes of concern regarding their business’ future. The Forum’s results showed that many of the small businesses felt that for the sustained growth of the UK’s small and mid-sized businesses to continue, banks would have to make changes to their funding system – with many calling for more flexibility, greater access and for risk to be more dispersed. Additionall... »

Banks, List of

Banks A to H Bank of Ireland Bank of Scotland (HBOS) Barclays Birmingham Midshires (HBOS) Bradford & Bingley Bristol & West plc C Hoare & Co Cahoot Capital One bank Cheltenham & Gloucester Citibank Clydesdale Bank plc Co-operative Bank, The Coutts Direct Line Egg First Direct Bank Halifax Bank of Scotland (HBOS) HSBC Bank plc Halifax »