Brussels, 16/04/2014 (Agence Europe) - In order to remedy the lack of feedback from which SMEs suffer on why their loan requests are turned down, the European Commission wants to revive dialogue between the SMEs and banks.
A new assessment published by the Commission on 15 March confirms the probability that a loan request from a company is more likely to be turned down by a financial institution if the company is smaller rather than bigger. Although they have the right to feedback, SMEs in...