Once again the banks in our country have moved the goal posts on lending agreements on loans and overdrafts without consulting or letting corporations or small businesses knowing about it, Over the last 6 or 7 months the banks have withdrawn offers of lending to over 27% of respondents and all facilities have been taken away from over 13%.

With the spot light being on the banks at the moment, and with the pressure they are under from the government to start lending again you would have thought they would have got their act together and started looking after their clients interests, remember most of these businesses are the very ones that lined their pockets through the last economic boom, they deserve better.

Feel free to leave your opinion about this below and do let us know if your business has been affected.