Since the last post we have seen a huge surge in the level of business coming through our door.

We were already inundated due to lack of SME funding available from the high street but it seems that the banks have further more depended their pockets and are increasingly pressurising businesses to pay back overdrafts or loans.

Anyway, enough of the bank battering, the positive news is that Nationwide’s acceptance rate is still at 98%.

e see such a diverse range of businesses applying for finance, from bakeries to large manufacturing companies. Despite differences in the size of their balance sheet, they all have one thing in common…..the lack of readily available funding.

We can refinance any equipment from a one man band with a van to an engineering firm with heavy machinery.

We continue to take a commercial view on lending and realise that lending money is a risk business but one we are prepared to take, as there are many many good businesses large and small out there going un-funded and therefore cannot grow, which is desperately what the country needs and furthermore should encourage.

We do encourage businesses to expand and grow and have a vision of what they want to achieve and with our help they are realising these goals.