Sunday, April 14, 2024

SBA says Central Bank lifeline a killer


Share post:

THE LIFELINE CREATED by the Central Bank to ease the cash flow of small and medium sized businesses will strangle them.

That’s the view of the Small Business Association (SBA).

It objects for three reasons:

Firstly, it is an unwieldy and unnecessary process.

Companies seeking to access the scheme must first be certified by the Small Business Development Unit even though businesses applying for VAT factoring are already registered with the Barbados Revenue Authority (BRA). (SP)

Please read the full story in today’s Sunday Sun, or in the eNATION edition.


Please enter your comment!
Please enter your name here

Related articles

Gunners failed to fire against Villa

Aston Villa produced an outstanding performance to stun Arsenal at Emirates Stadium and leave Manchester City in pole...

Liverpool’s title hopes hit by loss to Palace

Andy Robertson insisted Liverpool will "keep fighting" despite their Premier League title hopes suffering a huge blow as...

Police: No plane crash

Police have discontinued investigations into reports of the discovery of a small plane in St John. Lawmen said a...

New route gets thumbs-up

Some bandleaders have given the new route for this year’s Grand Kadooment parade a passing grade. The new route was announced...