Business Loans

News And Views

• Banks keep businesses on their toes
  Saturday January 26 - Anecdotal evidence is emerging that banks are getting tough on repayment and reporting deadlines for small businesses.
• Fuel and rates worry business
  Saturday January 12 - Businesses are concerned about high petrol prices and rising interest rates according to a survey conducted by Dunn & Bradstreet.
• Business borrowing booms
  Sunday January 6 - Borrowing by businesses increased by 2.9 per cent in November alone and is up 23.6 per cent over the preceding 12 months.
• Banks pass costs to business customers
  Wednesday January 2 - While the big banks have so far resisted pressure to increase their variable home loan rates, businesses are bearing much of the brunt of increased funding costs.
• Business growth doubles
  Wednesday January 2 - The rate of growth in the number of new businesses almost doubled this year compared with 2006. Over 2007 335,000 new businesses were started while 287,000 closed, meaning that there was a net gain of 48,000 added to the 2 million businesses in operation.

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