Mixed money bag for manufacturers

Posted on 20 Sep 2010 by The Manufacturer

Commercial lending barriers are beginning to ease for larger manufacturers but the cost of new credit lines is rising, EEF has found.

Responding to the manufacturers’ organisation’s latest credit conditions survey, 31 per cent of companies reported that their overall cost of credit actually increased over the last two months. The cost of new lending lines increased for 37 per cent. Medium and large companies are now beginning to see supply problems ease, with the survey finding…

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