Archives Month: April 2013

Spring is a time for looking forward, thinking and planning all the good days to come, weddings, parties, Ascot, Henley ………

An event organiser has much to consider – the hire of a marquee, executive loos, seating and flooring, sound and lights, catering equipment and maybe more.

Armada has provided asset finance for marquees throughout the UK and even a marquee washing machine! Now there’s a boys’ toy!

Many a befrocked lady has been grateful that Armada are experts at funding portable toilets and washrooms.

As for catering equipment – bread and butter to a company who has been supporting caterers for 40 years.

Flooring, seating, sound and lighting, of course we can finance them – we are a company with a “can do” attitude, believing in old fashioned service and caring about the people we do business with.

Now that the weather is improving (today the sun is shining and the rivers Clyst and Exe are sparkling) if you are thinking about getting away for a few days we can strongly recommend coming to Topsham.

Darts Farm Shopping Village is an award winning experience for everyone. A toy department, outdoor clothing, cycle hire and lots for the ladies. For the lads it has to be the Fish Shed and the fish and chips straight from Heaven. Your lasting memory may well be how friendly everyone is or how you began to un-wind in their busy restaurant.

After Darts take time to go into Topsham Village. So many boutiques, pubs, restaurants and the chance for a walk along the river or bird watching.

If you crave tranquillity and beauty added to a little me-time or a bit of plastic bending then Topsham will certainly be for you.

After nearly 40 years of supporting SMEs across the UK, by asset funding their purchases, you get to see most situations. There have been many booms and several busts during that period and currently the messages from the media and parliament are that we might just miss a triple-dip recession.

All the while that we are being bombarded with “facts” about the economic health of the nation there are vast numbers of people getting on with running a business and employing staff, often with the impression that all the odds are stacked against them and no one is interested or cares. Not surprising when we hear about all the millions the government has handed to the banks but do you know any SMEs who have received a penny of it.

The current situation speaks volumes about the resilience of the British nature. Without any riots or banner waving in the streets, that we see in many parts of Europe, without the histrionics and moaning that wouldn’t be unreasonable, the phlegmatic British shopkeeper, restaurateur, manufacturer et al just gets on with serving or making and employing.

Day after day we are seeing great proposals from people throughout the UK who are asking for asset finance support for a new business. It may be a convenience store, a new gym, a franchised restaurant or garage or any number of businesses that are opening daily across the country.

Added to this we are constantly asked to support established businesses, many of whom we have assisted for decades.

We can celebrate that, in spite of a seemingly constant up-hill struggle, it’s not down to the politicians to get the Great back into Britain, it’s the hard working Brit and the people prepared to invest their savings to start businesses and create employment who will contribute far more to the future GREAT Britain.

With the value of shopping centre deals in the 1st quarter of 2013 being more than 50% higher than the whole of 2012, according to Savills, the current and future entrepreneurs in the retail sector are receiving a big boost of confidence.

We continue to see a pattern emerging of opportunities for SME retailers in the high streets of the UK and in our major shopping centres.

For the last few decades landlords have been focused on maximising rental incomes and in the strength of the covenants of their tenants. Now people understand the importance of filling empty premises, both in terms of revenue and in not having unsightly property that can quickly appear derelict.

It is only now that many retailers in the SME sector are coming to terms with the fact that banks will not / cannot support this sector.

Asset finance lenders are becoming seen as mainstream funders for all sections of commerce and industry.

With an attitude that speaks of willingness to support and a speed of service not seen for years, your high street entrepreneur now turns to asset finance first, frequently organising funding for the complete fit-out of his premises whilst retaining the bulk of his capital for stock and working funds. No longer do tomorrow’s shopkeepers have to wait weeks or months to be told by a bank that they are a bad risk or in a high-risk sector.

Today’s funders are helping to change the face of our town centres and bring much needed support, encouragement and a positive spirit so desperately needed by our economy.