RateSetter partners with TaxAssist to support SMEs

TaxAssist Accountants, which provides accountancy services and advice to small businesses through its 290 outlets across the UK, will refer businesses requiring working capital and growth finance to RateSetter's team of business finance experts. Loan applications will be processed and an answer given within 48 hours.

Paul Marston, RateSetter's Head of Commercial Finance, said: "TaxAssist Accountants is in a unique position to provide small businesses with the sound advice they need to establish their financial requirements and to navigate their way around the crowded business finance sector. The relationship they have with their clients is based on understanding and trust and we are looking forward to a long and fruitful partnership based on those values which we have in common."

Phil Sullivan, Group Finance Director at TaxAssist Accountants, added: "By partnering with RateSetter Business Finance, we are delighted to be able to give our clients access to the necessary funds to help them grow their businesses. Small business owners will be able to concentrate on the day to day running of their companies without having to spend valuable time looking for a finance provider when they want to fund their growth."