The Royal Bank of Scotland (RBS) and NatWest have launched a free online platform that is designed to link catering and hospitality suppliers to companies that require their services.
Dubbed ‘BizCrowd’, the tool invites businesses to publish requests for products and services, which can then be matched to the most suitable supplier.
The site is free to join and helps SMEs build their online profile and generate new business leads. Businesses which use the services of registered member will have the opportunity to rate and recommend suppliers to the community.
The bank hopes the tool can be used as an extra vehicle for SMEs to connect with other businesses online.
Chris Sullivan, CEO of corporate banking at RBS and NatWest, said: “It has always been the role of the bank manager to connect British businesses to one another, now we’re extending that support online. We hope BizCrowd helps as many SMEs as possible raise their profile and win new business.”