Friday, 2 March 2012

New source of help for local SMEs

Dear Mr Jones, you may be interested to know that a new source of help for your local SMEs was made available yesterday when Lord Sassoon launched a major new on-line directory of finance companies providing alternatives to conventional bank loans or overdrafts.

The Small Business Finance Directory covers leasing and hire purchase, commercial mortgages, asset-based finance and invoice discounting and factoring. It was developed by the Finance and Leasing Association and the National Association of Commercial Finance Brokers (with the support of the Asset Based Finance Association) and allows businesses to search finance providers and brokers by postcode. There are nearly 1,000 sources of finance listed and the directory is simple and free to use. It is available at http://www.smallbusinessfinancedirectory.co.uk/.

More details of the launch are available here. We do hope this will be useful to you and your constituents and would very much welcome your feedback.

Regards, Edward Simpson
Head of Government Affairs

FLA Imperial House 15-19 Kingsway London WC2B 6UN
Fax: 020 7420 9655
Website: www.fla.org.uk