Low Interest Rates
Interest RatesWith interest rates at the lowest ever in the last 30 years surely we should all be able to lease our equipment for next to nothing? Sadly this is not the case with many leasing companies actually increasing leasing rates due to the lack of funds currently available to lenders with some household names actually withdrawing from the market altogether. At Technology Leasing we are currently experiencing high demand from clients who are no longer able to borrow from traditional lending lines such as their bank. As many of our lending line partners are smaller self funded finance companies, and therefore not dependant on borrowing from banks in the first place, we are still very much open for business.
New Area DirectorsWe are delighted to welcome Laurence Casey who has taken over the East Midlands area. Laurence joins us from a long career in business where he started and successfully sold several of his own businesses. He has particular expertise in bringing his
Wayne Farrell joins us after a long and successful career in CCTV security where he was regional manager for a major UK company. He has a wealth of experience in both leasing and supplying equipment so he is expertly qualified to advise equipment suppliers how to maximise their potential by using leasing as a sales and marketing tool.
Until next time
Regards
Brian Burns
CEO and Chairman