British small businesses are still having difficulty accessing finance, despite the government's £500 billion banking bailout.
That's according to the Federation of Small Businesses (FSB), which found in a study that a third of smaller firms still cannot access required credit.
In response to the statistic, the FSB has urged the government to press ahead and implement its £1 billion rescue plan for the small business sector, which it announced last month.
John Wright, national chairman of the FSB, said: "With interest rates down, it is more important than ever that the government's Small Business Finance Scheme is put in place."
"The onus will now be on the banks and their branch managers to stop their Scrooge-like tactics and open their pockets."
The government recently announced that it would be providing support to small business in the form of a £10 million grant to boost apprenticeship programmes.
SMEs 'struggling for credit' despite bailout
