The Market in 2018
Despite a daunting ‘Credit Crunch’ almost a decade ago in 2008, Britain’s business economy has maintained strength from 2011, through to 2018. Responding to this, commercial lenders are offering more dynamic and flexible deals as opposed to narrow lending options imposed by the mainstream lender.
We can help with:
- Businesses wishing to own the premises they trade from up to 80% LTV.
- Loans to expand their business, including unsecured business loans
- Commercial investment finance, including interest only and LTVs up to 75%
- Loans to build or develop property.
In particular, new lenders to fund new build and development have been entering the market. This is good news for the housing shortage as lenders have been flexing their criteria to gain market share. For experienced builders that are short on cash, there are some lenders that will even enter into a joint venture and provide 100% funding for a share of the profits.
The high level of growth in the business economy market across the UK, suggests that there is room for more successful businesses. It is with this entrepreneurial spirit, that Connect can help you plant the seed for your new business adventure. By working together to find you the best deal, we can ensure that our economy looks forward and that your business goals are met.
The below statistics highlights the economic growth of businesses in the UK from 2011-2017.
Figure 1 and 2 – Show how the rate of business births in the UK since 2011 outweighed its deaths and continued to grow into 2016.
Figure 3 – Shows how the number of Value Added Tax businesses in the UK grew from 2.67 million in March 2017, following March 2016 which saw 2.55million.
If you have an immediate need for finance, you can make an enquiry by clicking here. Or you can call to speak to one of our team directly on – 01708 676 111