Once again we listen to the people who know what going on and help produce jobs for the people of Sandwell.
This time its small business loans, sometimes a shop or small company may only need a small sum to bide them over a problem or so they may buy new stock or equipment.
Often it's a small investment that can get those businesses going, create the jobs, kick-start the innovation and exports that we need. But these are the very loans that you simply can't get without personal guarantees, like putting up your house - and even then the banks might say no.
This has got to change - and we're going to use the Regional Growth Fund to help change it.
Lord Heseltine has brokered a ground-breaking deal with two major High Street banks where the government will provide £95 million of new Regional Growth Fund money for small and medium sized businesses (SMEs). These two banks will administer the scheme and provide new lending, unlocking a total of £500 million of new investment for SMEs.Sandwell Tory said
By using high street banks like this we will give support to those SMEs that can't access big commercial funding and we will help our area
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