Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Loan protection: Banks should form relationships with smaller firms

Banks should form personal relationships with smaller firms in a bid to stimulate the economy, it has been claimed.

Last week, the British Banking Association announced that it would set up a taskforce to identify any obstacles smaller businesses may have when attempting to secure finance.

Andrew Cave, head of policy at the Federation of Small Business, claimed that smaller firms will be more prepared to take a risk on investment if they have a good relationship with their bank.

He said: "Coming out of the recession there isn't that understanding and that relationship that will take the level of confidence through to taking that risk.

"Instead of banging on to the banks about access to finance, what we need them to do is return to that older model of actually helping and working with small businesses."

Mr Cave added that better access to finance coupled with improved customer-bank relationships could help promote the recovery. ADNFCR-2776-ID-800029154-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide