I heard Lloyds Bank are being requsted by the Business Secretary, Vince Cable, to extend loans to a grand value of £12 Billion to U.K. businesses. How small or how big, or how readily available, is not clear. But it seems good news.
If I had a loan facility of £1million, over 5 years, to start my business, I believe I could create jobs for 10 young persons to start off with, hopefully increasing every quarter.
I'd be glad to hear from Lloyds Bank, or any other organization or financial backer.