The ASC Blog
Focus on Manufacturing: Small Firms are the Driving Force
In our previous blogs, we have helped to try and dispel the myth that manufacturing in Britain is dying. Not only is the industry in good health, but it is the small companies which are looking to continue this growth. According to the Manufacturing Advice Service Barometer, English manufacturing SMEs appear determined to meet the industry call for greater investment. 50% of the companies surveyed were anticipating spending more on new machinery and premises this year, with 40% of SME manufacturing firms wanting to fund new technologies. This type of optimism in the sector can only be good for growth - but in order to achieve these levels of investment, the finance needs to be made available. And that is where ASC can help. With over 40 years' experience, we know the banks which are lending. We can help small businesses get access to the funds they need, be it in manufacturing or other sectors, and enable the business owners to focus on running and growing their businesses.