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<p>The bank referral scheme is not yet up and running but the Government is committed
to delivering this policy which will help small and medium sized enterprises access
the finance they need to grow and expand.</p><br /><p>Since the Government announced
the Finance Platform policy at Budget 2014 significant progress on implementation
has been made. The Government has consulted, passed primary legislation and is now
close to making secondary legislation.</p><br /><p>The British Business Bank is currently
undertaking a due diligence process on Finance Platforms that have expressed an interest
in becoming designated and will advise HM Treasury on designation in the Spring; with
the policy expected to ‘go live’ later in 2016.</p>
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