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How to make the bank say ‘yes’

The Federation of Small Businesses (FSB) and the British Bankers’ Association have identified five steps you can take to ensure your business loan application has the greatest chance for success. 1. Develop a robust business plan – Your business plan is crucial to demonstrate the businesses financials, showing that you can repay a loan.Your plan should demonstrate you have done your homework, researched your market and competitors as well as identified clear routes to market and highlighted when you expect […]

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Introducing the Exporting is GREAT Campaign

UK Trade & Investment (UKTI) has launched a new pilot marketing campaign called Exporting is GREAT that will run throughout May 2013 to help small and medium sized enterprises (SMEs) grow internationally. Exporting is GREAT is designed to increase understanding of the benefits of exporting and to drive awareness, and take-up, of the many sources of support and help available. The UKTI knows from research that international trade offers a significant boost to a company’s success. Yet less than 25% […]

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Better Business Finance

Better Business Finance (BBF) gives help and support to businesses looking to raise finance. This initiative is supported by The British Bankers’ Association (BBA) as well as Barclays, HSBC, RBS, Lloyds and Santander. The BBF was created to put into practice the 17 recommendations of the Business Finance Taskforce that intends to add further momentum to existing initiatives to improve banks’ relationships with business, to ensure better access to finance and to promote understanding of the needs of businesses. The […]

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