Jul 31, 2023 8:16:42 PM
Opportunities for corporate clients amid rising interest rates
In June the Bank of England voted to raise interest rates from 4.5% to 5% in a move that puts more pressure on businesses.
For planners working with corporate clients, the rate rise’s squeeze on business is likely to have a negative impact on the eagerness to execute corporate investment plans. Existing loan repayments increase and the opportunity to take on more debt to expand becomes significantly less attractive.
So rising rates are bad for business, nothing new there. But are there any opportunities for businesses to take advantage of the rising rates?
We’ve been working with several businesses that are doing just that.