As we come out of recession there will be a great opportunity for small businesses that have battled for survival throughout the recession to take advantage of improved trading conditions. As funding was an issue in surviving the recession it will be a major factor in providing for growth for the future.

In the March Budget the then Labour Government announced that £94bn of new loans would be provided by RBS and Lloyds half of which would be directed to small businesses. This has been endorsed by the new Coalition Government in the light of the major Banks recently published improved trading results. Despite considerable political pressure it is not proving easy to access these funds as the Banks are taking a very cautious view to lending in response to the regulatory pressures now placed on them.

We at Beecroft and Associates through our wide network of contacts and experience of working with small businesses are well placed to assist in preparing a solid business case to arrange bank facilities and other lines of finance to fund growth.