Banks publish top tips for start-ups

Top tips to help start-ups get the finance they need went live on the Better Business Finance website today.

The new section of the website has been designed specifically to help start-ups and provides a range of information including the top four questions likely to be asked by any lender, guidance on the sources of finance available and five top tips to help start-ups achieve lending application success.

Launching this new tool a prestigious reception at 10 Downing Street, BBA chief executive Angela Knight said:

“It is essential that British businesses can find the right finance for them, and from the best source. Help and support is available for start-ups from banks and others. This new section of the website has been designed to give guidance to start-ups and help ensure businesses are able to understand what start-up packages are available from banks and also where else to go.”


Notes to Editors

1. The new start-up section of the BBF website is at: http://www.betterbusinessfinance.co.uk/help-support/start-up-business-support

2. The five top tips for lending application success is at: http://www.betterbusinessfinance.co.uk/help-support/start-up-business-support/how-much-finance-do-you-need

3. About Better Business Finance: The Better Business Finance campaign provides impartial information and support to business customers looking to raise finance. It is supported by the British Bankers’ Association and the banks involved are Barclays, HSBC, RBS, Lloyds and Santander. It has been created to bring to life the recommendations of the Business Finance Taskforce. Further information can be found at http://www.betterbusinessfinance.co.uk

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