Economic growth in Britain is dependant on businesses being given access to funding, according to Birmingham Chamber of Commerce Group.

As part of the drive to increase awareness of the funding options available to businesses the group has teamed up with the UK’s five major banks to host a special seminar.

Representatives from Barclays, HSBC, Lloyds, RBS and Santander will be present at the Better Business Finance seminar on October 6 to explain the support they can provide locally, particularly for small businesses.

Companies will also have the chance to ask questions on issues which concern them.

There will also be opportunities to learn about alternative funding routes, the price and availability of credit, how to write a perfect business plan to apply for funding and how a mentor can help.

Katie Teasdale, the group’s head of policy said: “It has never been more important for businesses to be able to access funding so that they can invest, fill order books and hire more staff. It is key to economic growth.”

For information on the Better Business Finance seminar call 0121 607 1772 or go to www.birmingham-chamber.com.