Loan finance for businesses helping to improve the local economy in Coventry and Warwickshire
Credit Crunch Hits Home

Events during the summer of 2008 have kept all entrepreuneurs on the edge of their seats wondering what will happen next.

The failure of huge global banks such as Lehman brothers and the difficulties in many U K banks has led to a shortage of funds available to be lent to both businesses and individuals.

We are seeing an increasing number of applicants who have had overdrafts reduced or been declined for the first time ever by their banks as concerns continue about the number of bad debts that banks hold on their books.

Coventry and Warwickshire Reinvestment Trust continues to lend in the region and are confident that our robust processing proceedure and the support that we are able to arrange for borrowers with our regional support partners will allow this region to survive as painlessly as possible what could be a very difficult few years for businesses


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