Banks must deliver on their bail-out obligations and offer lending to small firms, one industry body has urged.
In news which might be of interest to business insurance customers, the Forum of Private Business (FPB) is petitioning the government to make sure levels of financing are increased.
Nick Palin, director of finance for the FPB, said: "Already, more calls are being received by our member helpline concerning issues such as increased overdraft rates and reduced credit lines."
Because of this, the body will continue to press government to make sure that banks treat small firms in a reasonable manner, he added.
The body will also set up a panel of 100 members in order to get an accurate picture of the financial climate, Mr Palin stated.
Yesterday, the British Chambers of Commerce welcomed the £4 billion support package from the European Investment Bank, but it also urged to the government to make sure small firms can access the money quickly and easily.
