21st December 2015, saw the much-anticipated launch of the British Banking Association’s ‘Financing for UK Growth’ programme. Aimed at SMEs with a turnover of £50 million or less, the programme is expected to reach around 50,000 UK companies and will run for 6 months initially. SBL are flattered and delighted to be participating in this initiative, as one of only two advisory companies for Business Process Management Outsourcing Services.
The programme will provide UK SMEs with direct access to expert advice from companies that operate in specific business areas. This advice will help SMEs to evaluate the best practices required to support their growth plans and, in turn, represent these best practices in applications for finance from their banks. The expectation is that this consultative approach will increase the number of successful financing for growth applications to SMEs from the UK banking sector.
All qualifying SMEs will receive a hard copy of the programme brochure, along with access to the dedicated programme micro site. Furthermore, account managers within each bank will be promoting the programme to all their SME customers over the next six months.
To find out more about the programme scope, or to learn about our Business Process Management Outsourcing Services in general, please visit our ‘Financing for UK Growth’ web page: www.sblcorp.com/financinggrowth.