Tag: CREDIT RATINGS
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Government Loan Scheme for Small Businesses Faces Significant Challenges
A government scheme to help small businesses secure loans is marred by misunderstandings regarding loan rejections. With only one in twenty referred companies securing funding, the effectiveness of the initiative is under scrutiny. Launched in November 2016, it has facilitated over 5,300 deals worth £128 million, signaling a need for improved communication and feedback regarding…