
Last week, in a surprise move, the Bank of England raised interest rates to a 15 year high of 5.00% 📈
Yesterday, analysts at Bloomberg predicted the BoE would increase base rate further to 6.25% by Q4 2023 with the UK economy simultaneously sliding into a year-long recession 🥴
Turbulent markets can be tricky to navigate and as rates continue to climb, so do borrowing costs, with lenders adjusting their pricing to reflect the increasing cost of funds 💷
Consequently, having confidence in what a competitive deal looks like can be tricky 🤔 However, fear not, as an informed and experienced commercial finance broker can prove an invaluable asset to anyone considering finance for their business 🦸♂️
A quality broker will take time to review your requirements, identify suitable lending partners and present competitive options - Saving you time, stress and money ✔️
Whether you're looking to purchase new equipment, boost cashflow or fund supplier payments, KeySME Business Finance will cut through the noise to secure the most appropriate solution for your needs 💪
We're specialists in Asset Finance, Invoice Finance and Trade Finance - So, if you have any funding plans lined up for your business, please don't hesitate to get in touch to see how we can help #UnlockYourPotential 🔓
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