14/06/2021
As we head out of lockdown restrictions, the UK economy is showing a positive response, with GDP growing by 6.4% in the first quarter of the year, and a further 2.3% growth in April ๐๐
Manufacturing is growing at its fastest rate since 1994, and with a majority of people choosing to stay in the UK for their summer holidays, the hospitality sector has seen a huge increase in demand.
As a result, we have seen a big increase in businesses looking to finance new equipment. From upgrading their IT systems ๐ป, through to breweries ๐บ and drinks companies needing new equipment to keep up with demand.
Some deals we have been able to facilitate finance for this month include:
โ
ยฃ140K: ICT equipment for an expanding communications company
โ
ยฃ38K: Vending equipment for a Global managed investment Solution Company
โ
ยฃ168K: Secured for a brand new canning line and fermentation tanks for a new start Brewery
โ
ยฃ211K: Time and attendance systems for one of the UKโs largest logistics companies
โ
ยฃ278K: Hot Drinks machines for a world leading medical research company
โ
ยฃ25K: commercial brake tester for a well-established vehicle maintenance company
If you require any finance options on equipment you are purchasing for your business, then get in touch today ๐๐ง