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Small businesses call for cap on credit card costs to ease finance squeeze

Jim Riley

30th December 2008

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The most common source of finance for start-ups and small businesses is a credit card - either that of the entrepreneur founder or provided by the business’ bank. So it comes as little surprise that small business leaders are calling on the government to prevent credit card companies from charging penal interest rates during the Credit Crunch. This article in the Telegraph explains more about the FSB’s campaign and also has some useful commentary on other initiatives to ease SME cash flow problems during 2009.

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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