The banks have long been criticised by resellers, customers and politicians alike for failing to provide enough credit and support for cash-strapped firms and the situation shows little sign of improving.
Despite various projects and iniatives being launched in the last year the difference for smaller firms is still yet to appear and members of the Forum of Private Business (FPB) have expressed their frustration with the current situation.
The Chancellor George Osborne intends introducing some credit easign measures in next month's Autumn Statement but more will needed to be done to turn the current situation around.
The FPB's dissapointment centres on the British Bankers' Association's business finance taskforce, which was set up a year ago to try and encourage both traditional and alternative sources of funding.
"The Business Finance Taskforce produced 18 recommendations, some of which have been extremely useful - particularly in the areas of mentoring, lending, appeals, finance readiness and funding for high-growth enterprises," said the FPB's senior policy adviser Alex Jackman.
"But the verdict so far is that much more needs to be done to get cost-effective finance to the businesses that need it most," he added.