Bank launches £900m funding spree for SMEs in the NW

HSBC has today (Friday, June 16) launched a £900m lending fund to support SMEs in the North West. The move is of a broader commitment to help British business realises their growth ambitions, the bank says. The fund is part of a wider £10bn fund for SMEs across the UK which has also been launched today. HSBC continues to be open to lending, having approved 91% of small business lending applications in the last year. Mike Hemmingway, HSBC’s regional director for the North, said: “The launch of this fund reaffirms our ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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