Access to finance: Prepare to impress

FIRMS need to demonstrate they understand their own businesses if they are to impress financiers, according to experts.

Lenders are more focused on the detail than ever in the wake of the credit crunch putting a new emphasis on all companies, particularly SMEs, to have data available that was previously the preserve of large corporates.

“Banks are now asking for more details and information - some clients see this as extra expense, as they may not have been asked for such detail in the past," says Jim Sparling, co... 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...