Mike has hailed a new source of support for small businesses with the launch of a major on-line directory of finance companies which provides alternatives to conventional bank loans or overdrafts.
The Small Business Finance Directory provides access to a wide range of financial products and was developed by the Finance & Leasing Association and the National Association of Commercial Finance Brokers. The directory allows businesses to search finance providers and brokers by postcode. There are nearly 1,000 sources of finance listed in the simple and free-to-use directory. To view the directory, please visit: www.smallbusinessfinancedirectory.co.uk.
Commenting, Mike said: “The recovery of our economy will be driven by the success of small businesses around the country. I’ve spoken to a number of new business owners in Hove recently and finance is by far the biggest issue for them. I hope that the Small Business Finance Directory will help remove a barrier for entrepreneurs across the city.”