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Business Banking Insight website launched

A new website has been launched to help businesses find their way through the maze of finance issues and funding opportunities.

Business Banking Insight, a collaboration between HM Treasury, British Chambers of Commerce and the FSB uses peer reviews to give first-hand knowledge of the performance of various finance and business support providers.

Online reviews include credit cards, asset finance, general business support, commercial mortgages, foreign currency services, insurance, interest rate management, deposit or investment accounts, international trade finance and support, loans, merchant services and payment and transaction services.

Scott Knowles, chief executive of East Midlands Chamber, said: “There is a lot of uncertainty around at the moment, particularly around Brexit, and it is absolutely essential that businesses have confidence when making financial decisions.

“What better way is there to give businesses that confidence than to provide them with quick and easy access to reviews from peers who have already used the services they might be considering?

“The Business Banking Insight website will help to drive improvements and stimulate competition in customer services to business”.

 

Source: East Midlands Business Link

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