October 24, 2008 – Press Dispensary – It is still possible in these straitened times for a small business to get a substantial bank loan, as online business Autoebid. With hundreds of small firms going to the wall every week, the Daily Mail has launched a campaign to save struggling small companies from crippling bank charges and called-in loans, and the Federation of Small Businesses has warned that many more firms risk folding if they can’t access affordable finance. The plight of small businesses has also jumped to the top of the political agenda, with the government announcing plans to bring bank bosses and business leaders together in a bid to prevent more small firms getting into dire straits. It has secured a substantial long-term business loan from the Royal Bank of Scotland and, as a result, is set to expand its operation and develop its online services. read more
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