Small businesses offered £110 million of new finance

BIS

Small businesses struggling to access credit are to be given a welcome boost with £110 million of new funding, Vince Cable announced today.

The Business Secretary pledged £55 million of Government funding – through a scheme called the Business Finance Partnership – to peer to peer lenders and other finance suppliers.

To find out more, please view here: http://news.bis.gov.uk/Press-Releases/Small-businesses-offered-110-million-of-new-finance-684c2.aspx