The New Small Business Bank – Good Or Bad?

If you’re a small business owner or SME of any type, you’ve probably found securing bank funding somewhat challenging over the past few years. You would then, expect George Osbornes recent announcement about the creation of a Small Business Bank to be a positive thing.

Not so, says Dan Martin from Business Zone who fears that this could be yet another empty initiative which will simply leave SME’s in exactly the same situation they are in right now – still craving cash to fund and grow their existing business in the face of some of the strongest economic headwinds seen for many a decade, if not a century.