Home A Third of UK Business Investment Funded by Asset Finance Industry

A Third of UK Business Investment Funded by Asset Finance Industry

Press Release: September 21, 2017

London, England – 9/21/2017

Studies have found that a third of small and medium-sized businesses in the UK are being funded for their investment by the asset finance sector.
Recent figures have revealed that asset based finances for business investments of up to £20 million has risen by 6%, when compared to the previous year. This included investments of high value and a fall in new businesses by 1% in the same time period.
In the past few months, the asset finance industries and plant and machinery finance reported an increase of new business of 13% and 20% respectively, in comparison to 2016.
Chirag Shah, CEO of Nucleus Commercial Finance said, “The recent figures have confirmed the significance of the asset based finance sector in the UK economy. As per the latest official business deals data, it is recommended that the share of UK deals in equipment, purchased software and machinery funded by financial providers was 33.3% in the previous 12 months up to June 2017, which had increased from 31.8% in 2016.”
Nucleus Commercial Finance has been working with SMEs since 2011, supporting them by offering funds to help them grow.
Nucleus Commercial Finance has a dedicated team of experts who combine financial expertise and the credit facilities of traditional high street banks with flexibility and transparency of ‘peer to peer’ lending. The services that are offered by Nucleus Commercial Finance come with guaranteed proficiency and honesty and are delivered with flexibility and choice for consumers. To find out more, visit https://nucleuscommercialfinance.com/.
Nucleus Commercial Finance Ltd.
2 Gees Court
+44 (0)207 839 9451
Email: contact@nucleus-cf.co.uk

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