Manufacturing in the UK is strong and currently the 11th largest manufacturing nation in the world, despite the economic downturn in recent years. It is a diverse sector, comprising a variety of industries, technologies, and activities. Established industries such as food and drink, aerospace, pharmaceuticals, electronics and automotive, but also new industries developing around emerging technologies—low carbon, industrial biotechnology, nanotechnology, digital and advanced materials like composites.
The manufacturing sector employs over 2.5 million people and accounts for 11 percent of GVA (Gross value added). But with the globalisation of the manufacturing value chain, manufacturers can now carry out different activities in different global geographies. Competition in domestic and international markets for manufactured goods has intensified. UK manufacturers face competition from countries in the West, as well as emerging economies, such as Brazil, Russia, India, and China.
The health of the UK economy depends upon the continued growth of manufacturing SMEs. A critical factor will be access to business finance. That is why Bankroller provide business funding solutions to businesses in UK’s manufacturing sector, including business funding from £1,500 for qualified businesses.
Fast funding
Approval in 24 hours and delivered funds within 48 hours. Simple.
Flexible finance
Small business loans from £1,500 for almost any business use.
Minimal paperwork
Business loans from Bankroller are straightforward, quick, and hassle-free.
Apply today!
*Available to Limited companies only.