Welcome to the May edition of the Dee Commercial Finance newsletter!
Whatever your Commercial Funding requirement, Dee Commercial Finance can offer you a Free, impartial and totally confidential initial consultation – Where we will quickly assess the funding options available to you!
Please contact us on 01244 432 360 to see how we can help or submit an enquiry form on our website Here.
UK inflation hits 40-year high of 9% as cost of food and energy soars
UK inflation soared to 9% in April – its highest level for more than 40 years – as the rising cost of gas and electricity pushed household energy bills to record levels. The escalating cost of food and transport also contributed to the rising cost of living, deepening the crisis affecting millions of low- and middle-income families.
The bridging market has been gifted a win-win playing field
Bridge financing commonly ‘bridges’ the gap between the time an investor requires funding to complete an investment and being able to raise money with an institutional lender. In this respect, time is of the essence. This stream of specialist financing is therefore typically used to fulfil a company or individual’s short-term capital needs.
Two thirds of advisers continue to conduct majority of client meetings virtually
The poll of over 260 advisers ranging from protection advisers to mortgage intermediaries found that despite the abolition of all Covid restrictions in the UK, the trend for digital meet-ups with clients is one that looks set to continue in the months ahead.
Electric move brings leasing into focus for SMEs
The high purchase price of electric vehicles (EVs) is persuading SME fleets to consider leasing, according to FleetCheck. Peter Golding, managing director at the fleet software company, said: “We have a large number of SMEs in our user base and, especially at the smaller end of the scale, vehicle acquisition is often relatively ad hoc…