Armada – long established but forward thinking
New energy sources and the constant increase in the cost of power are news grabbing issues.
Recently, much has been made of new fracking developments in the UK plus news about wind farms and large scale solar farms. Added to this the whole World is now deeply concerned about the current instability in the Middle East and its potential impact on oil prices and possible interruption of supplies.
Finding new alternatives to the established energy sources is an imperative.
With these issues in mind, Armada has taken a number of marketing initiatives lately to highlight our support for the solar power industry.
We were well aware that few lenders have an appetite to offer funding to the newer alternative energy technologies.
To our amazement and delight, the response we received from companies in the new power sector was most encouraging. Positive lenders who are professional and efficient still seem to be a rarity. Lenders must learn to not be totally risk averse.