Avoiding Another Credit Crunch; Fall in Asset Finance Demand; and CBILS & Bounce Back Loan Usage

Business Finance Bulletin

Opening this Business Finance Bulletin podcast, fears of another Credit Crunch are mounting with the Bank of England calling on banks to play their part in meeting funding needs as business start gearing back up. The latest figures from the Finance and Leasing Association reveal how demand for Asset Finance facilities has dramatically fallen over the last quarter. We look at the two factors which are driving this decline. To close, a review of which areas of the UK have taken the most CBILS and Bounce Back Loans, and the latest figures on how many loans have been accessed by businesses in need of finance.