"We’re seeing an increased demand for cash flow finance which is enabling businesses to use their finances more effectively to expand their premises or workforce"
Following feedback from brokers, the original three year product will now be extended to a maximum term of five years for businesses looking to borrow over £75,000. All loans less than £75,000 will continue to have a maximum term of three years.
Chirag Shah, CEO of Nucleus Commercial Finance, commented: “We’re seeing an increased demand for cash flow finance which is enabling businesses to use their finances more effectively to expand their premises or workforce, take their company to the next level or simply fill a cash flow gap. Following feedback from our broker network, we’re excited to be improving our offering to provide better and more competitive solutions for our customers.
“UK SMEs underpin our economy and here at Nucleus we are committed to helping Britain’s businesses thrive, whether that be to support their growth ambitions, improve their infrastructure or to invest in new assets.”
