BAD PROPERTY VALUATIONS HINDERING SMALL BUSINESSES

A small business support group is warning that inaccurate property valuations are preventing many smaller firms from accessing affordable bank lending.  The Forum of Private Business believes that banks are often under-valuing properties when considering them as security for business loans. 

This means that many small businesses are either forced to stomach unfairly high interest rates on credit or in many cases are denied loans altogether.  Research carried out by the FPB last month revealed that smaller businesses.

source: The Business Desk