Brokers to focus on commercial finance

Robyn Hall

March 19, 2013

A survey by the specialist lender found that 54% of brokers plan to focus on commercial finance this year.

The figures show that although high street lenders are still restricting lending to businesses, there is still a high demand for commercial finance.

According to the survey, a further 51 per cent of brokers plan to diversify into commercial finance over the course of the year, evidence of the increased potential this sector offers.

Gary Bailey, sales and marketing director for Lancashire Mortgage Corporation, said: “Business owners are still looking for the appropriate finance to grow their business and bridging finance and commercial secured loans are becoming more appealing to them.

“Brokers are responding to this demand and adding commercial finance to their portfolio, which will be welcome news to many businesses.”

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