|
|
|
11 Dec 2008
Resellers have hit out at banks after it emerged that almost a third of small UK firms are continuing to see the cost of borrowing increase.
A poll of more than 5,000 members of the Federation of Small Businesses (FSB) found that 30 per cent of small firms have seen the cost of bank facilities rise in the past two months.
FSB national chairman John Wright said: “Despite the government’s £500bn bailout, the banks still do not seem to be lending to small businesses.”
Further reading
John Carter, managing director of DMSL, said his bank is raising the cost of the distributor’s facility next year.
“We have all given the banks a lot of money to help them out, but we are not seeing this filtering through,” he said.
Related articles
In this video find out about the fast-growing Chinese vendor's plans for market domination and how the channel is its route of choice
Find out what gifts Acer has in store for partners for 2012 in this exclusive roundup of its recent conference
CRN's premier networking event is back on 17 May at the Ricoh Arena
Date: Thu 17 May 2012
Channel fighters preparing to square up once more on 24 May
Date: Thu 24 May 2012
The proliferation of endpoint devices within the enterprise has highlighted the shortcomings of one of the traditional approaches to data security
This Forrester report compares the costs and benefits of legacy email and productivity software with Google Apps
Dave discovers that rozzers are seemingly living in the technology dark ages
Mark Needham, founder of distributor Widget, argues that John Browett leaves for Apple with Dixons in better shape than when he arrived
|
|
|
Do you agree?
Have your say