Banks Not Increasing Overdrafts – Lending Survey Results
We asked 100 SMEs if their overdraft had increased, decreased or stayed the same over the course of the last year.
Not a single respondent reported an increase in their overdraft over the last year, more evidence that the banks are not increasing overdraft lending to SMEs.
ShareThis
October 12th, 2010 at 9:34 am
Conversley the ABFA figures for the year to June 2010 showed a 7% increase in pure invoice finance advances.