The current economic climate has brought significant financial pressures for individuals, businesses and community schemes alike. Rising interest rates and increased living costs have rendered many individuals and families hard-pressed to maintain a balanced budget, let alone establish financial reserves for unforeseen circumstances.
READ MORECommunity schemes are often left in the unenviable position where they require an urgent ad-hoc service or project to be completed, but don't necessarily have the funds in reserve at the time for this to happen. Raising a special levy is also not always possible. Securing project funding may be the best option to protect property value and/or prevent building decay.
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