Access To Finance Key For Yorkshire Businesses Forty Percent Actively Looking To Secure Finance 15.11.2011 Nine out of ten Yorkshire companies believe access to finance is crucial to unlocking economic growth in the region, according to a recent survey. The snapshot survey of Yorkshire businesses was conducted at a seminar held in partnership by Irwin Mitchell, Hart Shaw, Lloyds Bank, Finance Yorkshire, YABA and the FD Centre, which gave companies the opportunity to find out about all aspects of business finance. The results revealed that:94 per cent believe that access to finance is crucial for unlocking economic growth in the region38 per cent of businesses were actively looking to secure financeHalf of businesses believe that access to finance won’t improve or will in fact get worse over the next yearHowever 63 per cent do not believe access to finance is currently a problem in Yorkshire.James Bullock, Partner in the Corporate team at Irwin Mitchell, who hosted the event, said: “Access to finance is clearly one of the biggest drivers of economic growth. While over half of businesses believe the prospects of access to finance improving over the next year are slim, there are many good companies who are looking to grow and need some injection of capital in order to give them a boost. “There are ways, even in the current climate, to get access to funding and businesses are starting to take advantage of the expertise on offer from financial and legal professionals who are helping to arm people with the knowledge to be able to improve their chances of securing the help they are seeking.” Press contact Dave Grimshaw Press Officer 0114 274 4397 Email Dave Tags Corporate Finance James Bullock Related articles 20.03.2019Government Issues Recommendation for Leasehold Reform 15.03.2019Irwin Mitchell Recruits Hundreds Of Volunteers For Red Nose Day 2019 15.03.2019Irwin Mitchell Scoops Hat-trick At Birmingham Law Society Legal Awards 13.03.2019Sheffield City Region Launches Global Innovation Corridor At MIPIM 2019 08.03.2019Irwin Mitchell Launches Women in Law Timeline 05.03.2019Does A Rest Break At Work Have To Be Continuous?