Barclays has become the first high street bank to make use of the funding for SME’s following the declaration of a £4 billion loan from the European Investment Bank (EIB). The announcement of the loan comes after an FSB (Federation of Small Businesses) poll was carried out last week which showed that a third of [...]
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Barclays to inject £1.5 billion for small businesses in 2009
Written by Ric in Monday, December 15th 2008 Tags: Barclays, creditfocus, Finance, fsb, fund, housing, john varley, lending, small businesses, SME, steve cooper, uk
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Barclays has got big plans for your small business in 2009 as they announce that they will be increasing their lending to SMEs by £1.5 billion.
This means that the pool available by Barclays for lending to small businesses will go from £15 billion to £16.5 billion. The news follows weeks of pressure from the Government, [...]
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