British businesses see loan apps up to £781m rejected in Q1
Analysis of the latest industry data by Cambridge & Counties Bank reveals that British businesses had up to 8,250 loan applications worth as much as £781 million rejected during Q1 2014.
Gary Wilkinson, Chief Executive, Cambridge & Counties Bank said:
“Great Britain is home to well over 2.5 million businesses and it is imperative that SMEs are supported by funds from banks to fuel growth and employment.”
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