Friday, March 13, 2009

Wayne and Waynetta to run Bank of Essex

Local councils set to provide business loans

Essex Council has revealed details of a proposed Bank of Essex, which will make finance available to local small businesses struggling to get finance through commercial banks. At the same time several local authorities are pressing for government support for a scheme which will allow them to help residents who are unable to get mortgage finance from banks. Essex Council said the proposed Bank of Essex would act as an intermediary to release European Investment Bank funds for local firms.

Posted by jack c @ 08:54 AM (681 views)
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2 thoughts on “Wayne and Waynetta to run Bank of Essex

  • What a great idea, I have read about this with regards other councils, I just hope nobody is lending any poor borrower money to buy a property at anything other than 40% off peak and even then warn them that it could lose value and will not go up for a long long time, and then only in line with wages.

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  • As a mark of respect, Jade Goodey’s husband is lined up as treasurer once his sentence finishes and Jordan is managing public relations.

    Yes, I’m an Essex boy too.

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