Thu, 09 Sep 2010 | BUSINESS NEWS
A lack of funding is causing small businesses in the UK to lose out on potential sales worth £30 billion a year, with the building and construction industry being the worst hit.
According to research by finance provider GE Capital, almost 20 per cent of small and medium-sized companies believe they have missed out on recent business opportunities as a direct result of being unable to secure funding.
Nearly half of the 500 businesses questioned also believed that access to funding would become even tougher in 2011, due to recent changes in the credit market.
However, it's not bad news for everyone. The flip side of this situation is that a glut of opportunities are emerging for entrepreneurs wishing to buy businesses from owners who cannot raise the money to keep or grow them.
This well-established business in Suffolk is renowned for providing bespoke hydraulic, electric, and mechanical systems across various industries, with end-to-end solutions and a strong reputation for quality and reliability.
This well-established Buckinghamshire-based wholesale catering supplier offers a diverse range of fresh produce, dairy, and catering essentials to sectors such as hospitality and healthcare.
This well-established Essex-based business offers a comprehensive suite of bespoke luxury furniture services, from design to installation, catering primarily to private clients and developers.
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