Back to newsPositivity despite increased costs
Following the changes made in the 2024 Autumn Statement, UK SME businesses are suffering increased employment costs and there is also massive uncertainty as to what the “new world order” will look like in terms of international trade.
Added to this, inflation in the wider economy is looking to be more persistent than the Bank of England had hoped which may yet mean that interest rates will remain stubbornly high for 2025 and beyond.
Against this backdrop, we are still seeing a large number of business owners who are resourceful and seeking to find a way to survive and thrive. We remain committed to support business owners with their plans and through the mix of our funding we can find flexible solutions to help and support them.
The core of our business remains one rooted in relationships, whether this be with our funders, those who chose to introduce business to us, or our face to face support of our clients.
Every facility we provide is as unique as our clients but essentially we are here to provide Working Capital facilities, Bridging Loans and Development Funding with the four main pillars not having changed since Day 1, Responsible Lending; Secured; Short Term and with a credible Exit.
We are seeing an increasing demand for support of rural businesses, working capital to support growing businesses as well as our more traditional property based clients. If you think that we can help you, get in touch.