Double Dutch or Triple A (AAA)?
18th September 2011
EFIA Accounts and Financial Services Partner ASC comments:
Double Dutch is certainly right! Dipping in and out of recession since 2008 - not a lot comes as a surprise anymore - but what is happening to the global economy is certainly Double Dutch. Clearly nobody knows what is going on – the only thing we know is that the ‘clever’ guys, in this case the bankers, have not been so clever after all and have made some pretty bad business decisions. The question on our mind is how is it going to affect us all?
Bearing in mind that these are probably the same folk who are now assessing your application for finance - the likelihood of it being granted is slim. It looks as though they will probably just add more obstacles in your members ability to run and develop their business (whatever the politicians may say).
Take our advice: your members need to be smarter to make sure they work through the storm to pick up the opportunities available. Either way any good business ideas need some kind of funding so your members need to work with a partner who can manage their quest for finance.
One smarter way to get the right finance for your members business is to work with us. Your members may know the banks that don’t lend, ASC know the banks that do. With over 40 years’ experience we can ensure your members finance request is put to a strong panel of lenders.
If you think it is all Double Dutch on our part have a look at our September newsletter for some of the finance deals we have helped businesses secure. We can continue helping you provide added value to your members. Deeds speak louder than marketing Dutch.
Jo Milehi
ASC Finance For Business
020 7616 6632