The Federation of Small Businesses (FSB) has put its support behind crowdfunding initiatives after bank loans have become increasingly difficult to access. Ted Salmon, the North East Regional Chairman of the FSB highlighted how firms could tackle the financial issues they are facing.
He commented: “Accessing finance is one of the biggest issues that our members across the region are facing.
“With statistics showing that the banks aren’t lending to small businesses, many are exploring alternative sources of finance to meet their growth ambitions.”
SOURCE LINK to full article: http://bdaily.co.uk/news/finance/18-09-2012/fsb-encourages-north-east-businesses-to-consider-crowdfunding/