Business Banking

/Tag:Business Banking

41% of businesses plan to move banking provider due to slow support during Covid-19

It has been revealed that 42% of business decision-makers have waited over two weeks for a business loan application from their banking provider. Four in 10 businesses are planning to change their banking provider due to the slow support that has been offered during the outbreak. This is according to esearch commissioned by software provider Encompass Corporation, which found that 41% of companies were looking to make a switch due to poor service during the crisis.

The data,