Builders welcome funding changes
ADJUSTING the Funding for Lending scheme to better support small businesses has been welcomed by the Federation of Master Builders.
FMB chief executive Brian Berry says: “Our members have been telling us for some time that the Funding for Lending programme has serious flaws, and that the banks remain reluctant to lend to them.
“In fact, small construction firms report that access to finance is the single greatest barrier they face when attempting to grow their business. Construction companies need to able to secure financing to respond to increasing demand, which is beginning to improve thanks to enhanced consumer confidence.”