While larger building firms tend to have easier access to finance, smaller builders have greater challenges to get the funding they need for site development. To open this newsletter, news about a guide released by UK Finance and the Master Builders Federation designed to help homeowners of small and medium-sized businesses.
Where do businesses appeal when applying for funding? We continue to look at the findings of the latest SME Finance Monitoring Report and reveal where the companies need funding. Despite the tense relationships between banks and small businesses, High Street banks remain the first port of call.
As an alternative source of funding, the financial instruments sector continues to be a major funding path for developing businesses. The latest data from the Union of Financiers and Leasing Companies show a busy August in terms of volume of written work. But how does it look like over 12 months? .