16th May 2020
COVID-19 has changed a lot about how we all operate our businesses, but there has remained one constant throughout: cash is king. Here at Latitude Leasing we have been working tirelessly with customers and suppliers to help put together funding packages that support our client base during this incredibly difficult time, and as a measure of our commitment to those we work with, we have chosen to open up our own book ahead of schedule.
We’re delighted with how this has been received so far, with our very first deal going live at the start of the month. As a newly established own book lender we have none of the historical deals that other funders are now having to work through, putting us in a great position to support suppliers and end users across a broad range of sectors. We’ve retained all of our funding lines but have the autonomy and flexibility to provide fast responses, allowing suppliers to concentrate on sales and customers to focus on key areas of their businesses without the need to wait several days for a funding decision.
Adopting a common sense approach whilst closely following government updates, we’ve been able to help a number of businesses in the past two weeks and provided decisions in as little as 20 minutes; if you would like to know more about what we have to offer, please contact a member of our sales team who will be able to explain how we’re going above and beyond to support UK SMEs, and providing at least a little bit of the “old normal” when it’s needed most.