Businesses seeking a move to a serviced office might benefit from new proposals set out by the British Bankers Association (BBA).
According to David Black, banking specialist at financial research company Defaqto, the initiative to identify problems facing firms seeking funding is a positive step.
"Anything the banks are seen to be doing to improve lending and the availability of finance to small businesses is clearly good news," he said.
BBA chairman Stephen Green outlined the plans in a letter to chancellor George Osborne on August 9th, which stated chief executives of high street banks will identify the barriers faced by companies attempting to secure finance.
They will also make suggestions on how to address these issues, focusing on specified sectors that include business finance, business aid and small and medium-sized enterprises issues.
Mr Black termed the proposals a "valid" initiative, but warned the proof of whether it will be a success is yet to come.
Firms looking to move to a serviced office might find funding is
easier to secure as the plans take effect.
