The weather is warming up and with Spring in bloom, businesses are starting to see new shoots of economic optimism. The struggles faced over the winter period – from increased overheads to staff and skills shortages – may not be completely behind us just yet, but as we move further into the year, many businesses are ready to dust off those investment plans and consider alternative finance solutions in helping to bring those plans to life.
The budget springs new optimism on SMEs
With the arrival of Spring comes a new sense of optimism and confidence for businesses. In the Spring Statement earlier this year, the Chancellor shared the good news of a recession avoided and inflation predicted to more than halve by the end of 2023. Whilst it brought a collective sigh of relief, for businesses there was more good news to come. Measures were announced to help SMEs up and down the country take their next step forward in innovation, sustainability and to help gain the staff and skills they need.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.