Better Business Finance was originally created to bring to life the recommendations of the Business Finance Taskforce, set up by the major banks to work together to help support the UK’s small and medium-sized businesses who are vital to our economy.

Improving transparency and understanding

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This includes helping businesses understand different types of finance, explaining the processes that businesses looking for finance will need to go through and working with partners to improve service delivery in banks and finance providers.

Improving customer relationships

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Improving relationships with business customers by signposting to sources of business support, including mentoring, to information about types of finance and also the appeals process available to businesses that have been refused finance by certain banks.

Improving access to finance

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The commercial finance industry in the UK is diverse, innovative and evolving, with many different types and providers of finance. You can go to a provider directly, use our finance finder tool, or the large banks run a referral process to these other providers and finance options, where appropriate.