It’s quite a tricky time for construction businesses such as yours with inflation being at its highest in 30 years.
However, lenders have now come back to pre-pandemic funding structures, appetite and pricing. Our lenders are currently giving very favourable rates to construction companies.
Whilst this may be the case for now, rates across the board are increasing in line with base-rate, so now is a good time to think about this.
Hire purchase and leasing are both financing options available to businesses and individuals in the United Kingdom. There are a number of key differences between the two options that should be considered before making a decision.
Simply speaking, a drawdown facility is a type of business loan. However, instead of receiving
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