It maybe good for the banks to off load their toxic loans and rebuild their balance sheets and smell of roses but it is not helping business to recover.
The government have launched their much vaunted Enterprize Financial Guarantee Scheme, and help with SMEs but the funds are not coming through and do the banks and business advisors have enough information on the schemes and how they can help.
The banks are so negative at present you begin to wonder if they have forgotten how to lend, and when they do expect your family jewels, inside leg measurement, personal guarantees and a floating debenture to form part of any loan document.
To go forward businesses must have access to commercial mortgages and finance, and our very highly talented commercial mortgage brokers must have the confidence to approach lenders and expect a very much higher degree of success with the applcations that are of a straight forward nature.
[ add comment ] ( 2 views ) | [ 0 trackbacks ] | permalink |




( 2.9 / 127 )
Calendar



