The UK hotels and leisure sector has become the third-largest lending marketplace for NatWest and RBS under the Funding for Lending Scheme, with the bank offering cost-effective FLS loans of over £200m to the field to this point. NatWest and RBS is forecasting continued, strong demand for lending from this key client base in 2013 because the sector invests for growth. NatWest and RBS’s commercial banking division, which caters for business with an annual turnover of under £25m, launched FLS facilities in August 2012 and, as in the beginning of 2013, had allocated over £2.26bn across 15,000 SMEs inside the UK. On a sector-by-sector basis, hotels and leisure is now the third biggest recipient of FLS loans, finishing behind healthcare and agriculture. Andrew Taylor, head of leisure for commercial banking...
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