Firms seeking offices to rent in Northampton may wish to consider the option of a short-term injection of cash in order to overcome the issue of reduced bank lending.
That is the view suggested by Chris Baguley, managing director of Bridging Finance, who said many companies are still finding it difficult to secure loans from the traditional lenders.
And in spite of reported improvements in bank lending over recent months, a great deal of organisations are still having to stretch their resources, he continued.
"Even for those businesses with a positive cash flow, the lack of funding from the mainstream lenders can be a barrier to growth," Mr Baguley remarked.
He proposed those looking to take advantage of opportunities - which could include serviced offices - might benefit from considering alternative means of obtaining funding, such as a short-term cash boost.
The British Bankers' Association announced last month it has set up a taskforce to investigate why money lenders are failing to issue loans to small firms.



