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Financial transparency essential for small firms, say credit experts

Credit experts have warned small firms that they must show financial transparency when releasing information to lenders in order to secure credit during the recession.

Martin Williams, managing director of credit ratings firm Graydon, told Accountancy Age magazine that small businesses could find it difficult to "trade freely" unless they "embrace the notion of financial transparency".

To read more on this story go to:
http://www.accountancyage.com/accountancyage/news/2244769/smes-show-financial

 
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