COSBOA urges banks to help small business

By Jessica Stanic · 17 March 2009 · Locked

Banks under fire for small business loans

COSBOA calls for interest rate reductions, but will the big banks listen? Discover the surprising move that's got small business owners talking.

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Summary

The Council of Small Business of Australia (COSBOA) has called on the big banks to reduce their interest rates on loans to small business, following NAB’s decision to reduce loan rates to micro-enterprises by nearly 40 percent. COSBOA CEO, Jaye Radisich has commended NAB for this initiative, believing it is a positive step for small […]

Tags: Business Cash Flow, Business Finance, Cash Flow Finance, Interest Rates, Loan Rate, Small Business Banking