Contributing almost £90 billion to the UK economy every year, the construction industry employs around 10% of the nation’s workforce. And the outlook for the sector remains positive, with government forecasts predicting continued growth of the sector over the next few years.
But construction companies need construction lending options to be properly equipped to grasp the opportunities created by this growth. Building for the future will require investment to replace inadequate or obsolete assets, but few have the cash reserves to do this easily.
This is where Close Brothers can help. Our team has in-depth knowledge of the construction industry and extensive experience of delivering construction finance options for the assets required to support your ambitions for growth, as an alternative to construction loans. We’ll help you find a construction finance solution that is an affordable way to spread the cost of the plant and machinery you need, through a tailored hire purchase, finance lease or refinance package.
From £5,000 to £5 million+, we provide funding solutions for all types of construction industry assets. Get in touch today to see what we can do for you.