We are a not for profit business advice centre and guess what people are still keen to start-up business!! There is some good news out there.

You are absolutely right though that the banks are probably the worst people to manage small business finance since they can’t handle their own!

The money needs to come to organisations like ourselves who work with business on a 1:1 basis, look at the finances, look at the marketing, look at the individuals driving the whole thing and give direction.

Ultimately if a business is just trying to replace an ongoing trading loss with a short-term cash injection they are not going to survive. The problem with the banks in general is that they are not great at giving direction, support and useful insight. Given the parlous state of their own finances, how many hours can they actually dedicate to the intensive support businesses need. Have you seen the latest crop of bank business advisors, young telesales exec’s focused on targets, targets and more targets.