Topics
The Standards for business customers
Themed review: Financial difficulties – Standards of Lending Practice for business customers
We have published a summary report of the financial difficulties themed review for the Standards of Lending Practice for business customers.
The Standards of Lending Practice are a FCA-recognised industry code
We are pleased to announce that the Standards of Lending Practice for business customers are now a FCA-recognised industry code.
Standards of Lending Practice for business customers extended to protect businesses with £25m turnover
The Standards turnover threshold has been uplifted to £25m, with new Standards focussing on the treatment of businesses in support units, and debt sale.
LSB statement on TSB’s business Lending Pledge
The LSB welcomes the publication of TSB’s business Lending Pledge and are supportive of the continued industry focus upon the fair treatment of businesses in financial difficulty.
LSB statement on Government Responses to the Treasury Committee’s Twenty-Fourth Report: SME Finance
The LSB welcomes the government’s response to the Treasury Committee’s report on the SME Finance inquiry which recognises the Standards of Lending Practice for business customers
LSB response to the Review into the complaints and alternative dispute resolution (ADR) landscape for the UK’s SME market
The LSB is supportive of the banks proposals to offer access to alternative dispute resolution to more SMEs.
Blog: Our new report – supporting business customers in vulnerable circumstances
Dave Pickering blogs on the LSB’s joint report with the Money Advice Trust on vulnerability in the business customer context.
Supporting business customers in vulnerable circumstances
LSB and Money Advice Trust have published new research on supporting business customers in vulnerable circumstances.