Special Feature
Forward momentum New opportunities and a drive in demand Simon Hilyer Head of Asset Finance Cambridge & Counties Bank
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he past two years have been very difficult for many UK businesses, impacted on all fronts by COVID-19 as well as the broader economic environment; with the uncertainty over Brexit causing significant disruption to normal working business practices, employees, customer demand, and investment. With the Omicron variant potentially pausing the recovery, the challenges have not gone away. However, there is an expectation that 2022 will see a strong economic bounce back. Our discussions with commercial brokers and clients underscore a more positive, bullish sentiment with many SMEs and businesses that have paused investment now focused on growth. How businesses finance this investment and capitalise will be key. Asset finance has remained a highly competitive, efficient means for firms to 30 | NACFB
meet opportunities, build inventory, and to better position themselves for a more dynamic environment. As such, we firmly believe asset finance will be key for many businesses in a post-COVID world.
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Asset finance has remained a highly competitive, efficient means for firms to meet opportunities, build inventory, and to better position themselves for a more dynamic environment
