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 BBF web site contains wide-ranging information and it is complemented by the Mentor SME website which the BBF created to connect companies with mentoring organisations. A new section has been added dedicated to start-ups.
All this is certainly tangential to the true problem — that we had a massive artificial credit boom and the central banks are now propping things up in the hope they can avoid the bust — but top marks for effort.
Tags: Banks, Better Business Finance, Growth, Jobs, Lending, SMEs