I heard yesterday that blogs were no longer the thing. Well I suppose they have been about for over two years so in this day that’s an age I suppose.
In the world of finance that’s a shame because us types are only just catching up with this and now we have to twitter and Facebook stuff. Never mind.
Client’s appetite for “small” leasing contracts ie up to about £10,000 is as keen as ever. Unfortunately finance houses and banks are mainly not keen on this market as it is expensive for them to administer and they don’t have robust systems in place should there be a hiccup. Their underwriting is also “balance sheet” based when at this level that is often only a part of the story.
There is a huge gap in the market and I will be giving details of a very exciting new development for small businesses in the new year. Watch this space!!