Start Up Loans, Asset Finance Sector Performance, Business Confidence – BFB Epsd 136
To start off this Business Finance Bulletin we take a look at a new milestone achieved by the Start Up Loans Company in terms of the volume of loans disbursed. However, the question is being asked as to how much this government scheme has lost in the form of written-off loans and those that have fallen into default.
According to latest figures from the Asset Based Finance Association this sector, which covers invoice discounting and asset finance, has also reached new heights with a record amount of business being written in the 12 months to June.
What about business confidence post the Brexit vote? We take a look at how business owners are feeling about their prospects and what you should do now in case the mood changes.
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