Friday, August 8, 2014
Wellington Contractors See Rising Demands for Commercial Properties
If there’s one thing that the recent economic depression has taught banks, it’s to only take risks that they can handle. In light of the recession, banks implemented a lending freeze to reduce their risks, which went on for several years. The construction industry, where majority of businesses rely on lending, was among the industries that were worst hit. However, with the economic recovery in full swing, financing has returned to the real estate and construction industries, including the commercial building construction sector.