Non-bank community lenders saw an increase in demand from businesses of 36% in the first quarter of 2013, according to the Community Finance Monitor survey. This bucks the trend reported in today’s Bank of England Trends in Lending report, which says demand for bank credit remained weak in quarter one, and that demand from small businesses fell. Continue reading
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Responsible Finance is the trading name of the Community Development Finance Association (CDFA). The Community Development Finance Association (CDFA) is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 1005502. Company number 04111603