As access to traditional funding remains hard; new research suggests more than three quarters of small businesses and entrepreneurs surveyed by the Entrepreneurs’ Organization & Investec Bank said they were looking to secure funds in 2010, but 59% expect this to be difficult to do !
The research suggested companies were being forved towards alternative finance sources such as leasing. 35% said they were looking at leasing to fund new equipment this year. HardSoft have been established for over 20 years and are a one stop shop for the supply and support for new IT equipment and the provider of the finance. Simple to deal with HardSoft have already experienced an increase in lease business this year. HardSoft use old fashioned lending criteria to base credit decions rather than credit scoring. We approved over 90% of customers including new start ups in February.