Loan surge opens door for challengers

Lucy Burton in the Telegraph looks at how challenger banks are increasing market share by stepping in where larger rivals have pulled back on lending to new business customers. With many banks seeing a surge in applications for Bounce Back Loans – the support finance being rolled out to help small firms through the coronavirus crisis – some have stopped accepting applications so as to manage the backlog. John Cronin, a bank analyst at Goodbody, said this means there is “something of a gap emerging in the market", opening the door for "younger credit institutions" to attract more small business customers.

Read more: The Daily Telegraph

Opening Time
Monday – Friday 9:00am - 5:00pm
Saturday – Closed
Sunday – Closed
Call Us - 020 3086 8030 
  • Sardison Capital
  • Sardison Capital
  • Twitter
  • YouTube
  • Sardison Capital

2021 All Rights Reserved. Sardison Capital is the trading style of Sardison Group Ltd.

We help businesses access business and property finance providers. Applicants must be aged 18 and over, T&C’s apply. All finance and quotes are subject to status and satisfying the funders criteria. Guarantees and Indemnities may be required. Sardison Capital can introduce applicants to a number of funding providers based on the applicants' circumstances and creditworthiness.  Sardison Capital is a Credit Broker sourcing from the whole of the market, not a Lender. 

© Copyright 2021 by Sardison Capital.

Website Designed by AVETON Design