And now for some common sense.

The media is discovering that credit crunch news is making people either change channels on the TV or turn off the news. Saturation point has been reached, but they still try to ram it down our throats.

By simply going over the news with slight variations does not mean that it is news. We are all aware of what has occured, and who is to blame. End of story. Move on.

We cannot dwell on what has happened, we have to look to the future. Doom and gloom is no good for any business. If we think that the end is nigh, it surely is, but I think it is high time to be positive and seize the opportunities that are out there.

Historically the strong would overcome the weak, but this time it will be different. Companies who seize the growing opportunities will succeed. It is the quick that will overcome the slow.

We all know that the banks have tightened up their lending policies.We all know that they are reducing overdraft limits, and this is hitting SME's and medium business's very hard and they try to survive. By using leasing, it overcomes using valuable working capital or part of an overdraft to acquire needed capital equipment. Remember standing still is just an illusion, you are going backwards. For any equipment suppliers, you have to use leasing to help sell your equipment and also help your customers survive. Use and promote leasing on your website, it is not an option, it is a necessity.

Getting down to brass tacks, many leasing companies have closed off their leasing books, and have either stopped offering leasing, or have changed their underwriting criteria beyond recognition.

We have the money, you have the customers, lets talk, and get some leasing proposals underwritten and paid out. The quick will survive, the slow will not, perhaps that is what will eventually come of this period on uncertainty.

Oak Leasing Ltd. The UK's most popular leasing company website.

Stormy financial weather ahead.

The British are well known that we talk about the weather. Here is today's forecast. There is a very cold wind blowing across Iceland, with a deepening Atlantic depression moving in an easterly direction.

Any firm that uses equipment leasing as a sales aid to sell capital equipment is being hit by three factors.

Firstly that we are in a recession, and that margins are being cut to the bone, and that customers are postponing any buying decision to a later date. With the stock market plunging again this morning, you cannot blame them for that, confidence has been, and is being shot to pieces.
Secondly, funders are being hit by rising bad debt, and are therefore using tougher underwriting guidelines, and thirdly, many leasing companies have simply left the market place, leaving a huge funding gap for leasing.

And now coming back to the weather forcast,the phrase R&D has changed its meaning,from research and development to recession and not depression. Wednesdays move by the government has meant in real terms that we will go into a recession, and not a depression. That is very good news.

The key is that in a recession, it is crucial not to let any sales opportunity slip through your fingers. Leasing only works as a sales aid if the supplier is receiving full support from its leasing partner, and it becoming apparent to us that many funders are simply cherry picking the deals. This is not sales aid leasing. We at Oak, have sources of funding that will give you the opportunity of acceptances that other leasing companies will simply reject. You cannot risk losing any sales in this present climate.

I hope that when I next write, the tone will be more uplifting, all I can say is make every sale count, and if you are not receiving a good acceptance rate from your leasing company, it would be wise to look for a new leasing partner.

http://www.oaklease.co.uk/ The UK's most popular leasing company website.