Bridging and Commercial

How has the Bank Referral Scheme impacted business finance?

Publication: Bridging and Commercial
21st May 2017


An article in Bridging and Commercial reveals if the Bank Referral Scheme impacted business finance. The article states that:

" Katrin Herrling, CEO and co-founder of Funding Xchange, stated that many customers who have been declined by banks require a broader set of funding solutions than simply debt, such as equity financing. “We are helping customers coming through the referral process every day." “In my mind, success should be measured against new expectations [and] we don't think the referral scheme is miles off our expectations.”

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