The Bank of England has increased interest rates by half a percentage point to a 15-year high of 4 per cent but suggested that rates may have peaked.
They are now anticipating a milder recession this year than previously thought and said further rises would only be needed if there were new signs that inflation was going to stay too high for too long.
This is good news, as they were previously expecting rates to peak at 4.5% to control inflation but now hopefully, they may have reached their peak at 4%.
What does this mean for you?
So, if you are seeking to borrow or refinance for your business, our panel of lenders are very active and willing to lend.
Large or small, our expert healthcare finance experts are available to help you navigate raising finance on the best terms available.
Commercial Loans for Healthcare Businesses
We’ve been helping to fund the future of British healthcare businesses for over 20 years and our team are made up of former bankers with decades of experience in the UK’s healthcare lending sector.
You can find out more about working with Samera and the financial services we offer by booking a free consultation with one of the Samera team at a time that suits you (including evenings) or by reading more about our financial services at the links below.
For more information on raising finance for your healthcare business, including more articles, videos and webinars check out our Learning Centre here, full of articles and webinars like our How to Guide on Financing a Dental Practice.