SHORT term lenders are reporting an increase in the number of UK manufacturers using 'bridging loans' to ease cash flow worries.
The latest CBI quarterly SME Trends survey reveals a bleak outlook for the next quarter, with 78 per cent of manufacturers predicting reduced demand due to the current economic slowdown as well as rising input costs. Experts say manufacturers are relieving the pressure by taking on short term finance to ease cash flow concerns and…
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