Despite what many press articles and other interested groups suggest, business finance is available. The banks are lending. They are not lending as they did in 2007. But then again does anybody really want them to lend like they did in 2007 – let me remind you of a few examples: 100% mortgages, self-certificate mortgages, business loans without accounts, investment property finance at 95%, and so on. Nobody really wants to go back to that.
Business finance and property finance can be arranged and in fact we have improved our conversion ratios by 16.9%. So it can be done, but it is hard and it takes a great deal of effort. It requires specialist skills and a lot of experience – it simply can’t be done the way it could be done in 2007.