Every business sets goals for the future but how regularly do you review your business plan? At RBS we work with businesses to help them plan ahead for the short, medium and long term.
The role of banks with regards to supporting the growth of UK businesses continues to be crucial and with the focus on lending figures and access to finance continuing, the relationship you have with your bank is increasingly important. In order to receive the right funding solution it is vital you understand the options available and work together with your bank to review your business plan. This allows you to assess how you can maximise on any growth opportunities and overcome any obstacles that are preventing expansion and future job creation.
Time is a key factor and the pressures of today’s competitive and fast-moving business environment means it is not always easy to take time-out to do this. At RBS our Relationship Managers can assist you to carry out an evaluation of your business to help you tackle issues and identify new opportunities.
The benefits of undertaking a regular review include an in-depth look at your plans, goals and business performance – highlighting areas for improvement and where you need help. It is also important to consider if the banking products and services you use today still meet your business needs and look at the alternatives.
Stuart Blair, Relationship Director for RBS explains: “Our customers are important to us and by working together we understand your immediate needs and the long-term direction of your business. Our commitment has been further highlighted by our involvement in the recently launched National Loan Guarantee Scheme under which HMG tries to boost bank lending to small and medium sized businesses. Under the National Loan Guarantee Scheme (NLGS), qualifying businesses will receive a 1% discount to the normal interest rate on a selected range of products.
We encourage businesses to come and talk to us and see what lending options we can explore. We are committed to supporting UK businesses and providing added value that will benefit business owners and ensure you make an informed decision. We have local teams of Relationship Managers that work across the country. This includes dedicated teams with specialist sector expertise including healthcare, agriculture and real estate. We would be delighted to discuss your business plans and how our local teams can support you.”
Against an uncertain economic backdrop where businesses are adverse to risk, we believe that it is important to listen to the challenges and concerns facing our customers and to gain a clear understanding of how we can best support them. Our team of dedicated Relationship Managers are dedicated to providing an efficient service and work with our customers to understand their business goals.
Our commercial acumen and financial awareness is a strong combination and enables us to forge a close working relationship with our customers. This allows us to provide much more than simply financial facilities but also to help businesses identify new opportunities and future growth areas. We endeavour to make banking simple and enable our customers to concentrate on what they do best – running their business.
We encourage businesses to contact us and give RBS an opportunity to demonstrate our commitment to supporting individual business success and in so doing help secure the future of our region’s economy.
For further information on how RBS can help your business contact 0800 073 0197 (Typetalk 18001 0800 073 0197), visit www.rbs.co.uk/business or speak to your Relationship Manager. Calls may be recorded.
The National Loan Guarantee Scheme (NLGS) is available to businesses with a turnover of up to £50m and cannot support overdrafts, revolving credit or business credit cards. Property lending other than for owner occupation is excluded by RBS. The NLGS is a limited Scheme and will be available on a first come first served basis. Usual lending conditions will apply.
Security may be required. Product fees may apply. Over 18s only.
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