Forties People
The recruitment agency with a mature outlook and an innovative approach!
| Register with Us |
| Search for a Job |
| Find Jobs in London |
| Find Jobs in Hertfordshire |
| Candidate Login |
| Your Feedback |
No Placement No Fee
Our service doesn't cost you a penny unless we find you the right candidate
| FPB: Business lending tough to come by |
 |
 |
 |
| Latest Recruitment News - HR and Recruitment Legislation News |
| Written by DirectNews Feed |
| Monday, 17 October 2011 00:00 |
 Small and medium-sized enterprises (SMEs) with experienced admin staff are still finding it tough to access the necessary funding they need to grow following the economic slump.That is the view of Phil McCabe, spokesman for the Forum of Private Business (FPB), who feels the managers of such organisations are not finding it easy to gain money from reluctant banks and building societies. Mr McCabe went on to rue the fact that when cash is made available to companies, it usually proves "restrictively expensive" as there is a significant knowledge gap when it comes to how financiers choose to engage risk with business lending. "We've seen over-centralisation, an increasing lack of lending decision making powers, so local branch managers who know the businesses who are on their books and can gauge risk accurately," he added. Recently, Tim Leunig of the Centre Forum indicated that one way of improving this situation could be for the government to lend directly to businesses. 
|
Latest Recruitment News
-
How important are bonus incentives to executives?
(Tuesday 22 May 2012) -
Senior employees call for flexible working
(Monday 21 May 2012) -
Older workers more likely to work from home, survey finds
(Friday 18 May 2012) -
Businesses urged to consider advantages of flexible working
(Tuesday 15 May 2012) -
Queen's speech reveals changes to parental leave
(Friday 11 May 2012)
Archive News
-
New Recruit May 2012
03-May-2012 -
New Recruit April 2012
03-April-2012 -
New Recruit March 2012
12-March-2012 -
New Recruit February 2012
02-February-2012 -
New Recruit December
05-December-2011