Simply Business Advent Calendar Tip 4 - Get to know your bank

Christmas is nearly upon us. In honour of the festive season we have put together our very own Simply Business advent calendar. Each day we will be offering a new business tip - so keep checking back!

Tip 4 - Get to know your bank

While the availability of credit remains subdued, it is thought that many viable businesses are missing out on loans simply because they are not approaching their bank directly.

Many business owners do not bother applying for loans because they presume they will be turned down. But this is obviously not always the case. By developing a personal relationship with your bank you can help to ensure that they understand your business and its needs – and, hopefully, you can maximise your chances of getting the finance you need.