Count overcomes financing challenges for small business
Count Financial has formed an alliance with Centrepoint Finance, which will expand Count’s asset finance service to small business clients and help it overcome funding issues as a result of the global financial crisis (GFC), according to chief executive Andrew Gale (pictured).
“The GFC restricted our existing asset finance sources, which meant Count’s members were sometimes forced to send their small business clients elsewhere,” said Gale, who added that the new alliance would significantly increase the number of available asset finance lenders.
Centrepoint chief executive, Stephen Day, said the group was delighted that it had been chosen to assist Count advisers and their clients in sourcing asset finance products, “notwithstanding the current market sentiment”, he added.
“The emphasis that lenders now place on reporting means the accountant’s role in getting funding approved is vital,” he said.
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