Always look on the bright side of life
One major benefit from the 2008 economic downturn has been the significant growth in self-employment. Job insecurity throughout the early years of the recession has caused large numbers of working-age people to take the future into their own hands and start new businesses.
Fortunately, start-up owners are not hidebound by historic ideas of how to fund their business. Gone are the days of expecting banks to support a new venture. Personal resources, crowdfunding and asset finance are some of the options available to the new entrepreneur.
Armada has always taken a positive approach to supporting new start-up operations and frequently funds assets that other funders shie away from.
Recent support for new businesses has seen Armada financing recycling containers, IT equipment and software, retail and industrial fit-outs (including flooring) and catering equipment with signage.
With the increasing numbers of people prepared to commit themselves to new ventures we see that this sector is playing a major role in creating new jobs.
No wonder that Armada has been helping start-ups for 40 years. If you are looking for asset finance support for your new business look no further.