Will firms using facilities management benefit from increased lending?
August 13th 16:10 Cost Management
Businesses using facilities management cost reduction processes could be among those to benefit from increased lending among the UK's banks.
A number of financial establishments met recently to discuss how to improve access to credit from UK firms.
The talks have been welcomed by industry body Defaqto, which said anything to generate more lending should be seen as a "good thing".
David Black, banking specialist at Defaqto, said: "Anything the banks are seen to be doing to improve lending and the availability of finance to small businesses is clearly good news.
"But the proof will be in the pudding. There will be enterprises complaining they still cannot get money, and doubtless many will debate the amount they get charged, and so forth."
It follows the publication of a Confederation of British Industry report, which showed that access to credit concerns have eased over the last three months.
The study revealed that just four per cent of UK firms currently feel finance constraints are likely to limit their export orders.
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