Business and people search

Co-op Bank's £15m for new SME lending scheme

5th October 2012

Share:

FreeDigitalPhotos.net

A NEW £60m fund for small and micro-sized business has been launched  by Business Secretary Vince Cable.Announced in Birmingham, £30m of the cash is coming from the Regional Growth Fund, with £15m each committed by Manchester-based Co-operative Bank and the Unity Trust Bank.The fund will lend to businesses via Community Development Finance Institutions (CDFI), which provide a source of funding for businesses that can struggle to get finance from mainstream banks and loan companies.   The Co-operativ......for the full story register now for free or login below...


Print this page Have your say Bookmark and Share Send to a friend

More News News Archive

Have Your Say 

Be the first to comment on this article!

Login to submit a comment

 
Big Sleepover B5 May 2013
GM Chamber of commerce B6 May 2013
TheBusinessDesk is a company registered in the UK - Company #6324067 - VAT #917602919