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Barclays has launched £100,000 of unsecured lending – doubling its maximum for unsecured business loans for SME’s from £50,000 to £100,000.
The move is expected to help SMEs get faster access to finance and seize opportunities they might otherwise miss out on It also means business owners will not have to use their business premises or home as security.
Tens of thousands of businesses could benefit immediately.
Small and medium-sized businesses in the UK may be eligible to apply.
Further information here