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Banks Asked To Bring Back Old Lending Levels


Small businesses applying pressure

It's Halloween, and at our office, a couple of kind people have ensured that the donuts and candy are flowing freely.  What's more, money moving from banks to small companies will soon behave in a similar manner if the Forum of Private Business has anything to do with it.

As usual, we should note that the FPB's actions tend to be UK-centric, but Americans can feel free to copycat everything.  The gist of the FPB's position is that, since the bailouts have occurred, everybody should be getting back to business as usual.

The FPB's Director of Finance, Nick Palin, said in a statement, "There can be no excuse for the major lenders not to live up to their responsibilities to small businesses.  We are backing the Government's repeated calls for access to finance to be restored to 2007 levels, and will continue to push for this to happen as quickly as possible."

At least one letter's gone out to the British Banking Association.  If you're in need of money, hang tight and hopefully something will come of all this.

And whether you're in need of money or not, be sure to read Chris Crum's entertaining suggestions on how to profit from the Halloween festivities.

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About the author:
Doug Caverly is a staff writer for SmallBusinessNewz.

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