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February 2009
03
Editor's
comment
Contents
5 News
What has been happening
Nia Williams, editor
over the past few weeks in
the world of commercial
The amount of
finance?
8 Diary
T
owards the end of last year, the National Association of
Commercial Finance Brokers (NACFB) announced the results of
its latest annual survey of its members. The results revealed a
commercial
A look at what is coming up
downturn in commercial finance business written over the previous
over the next couple of
twelve months - although the amount of commercial mortgage business
mortgage
months to put into your
written in the period actually increased.
new diary for 2009
According to the results, one huge growth area has been factoring and
business
9 NACFB invoice discounting, whilst leasing business written by the NACFB’s
The finance industry is not members dipped lightly. For those of you who cannot remember the
written in the
the best place to be at the results and are interested, the results are as follows:
moment, but the situation
period actually
isn't helped by the need of
2008 2007 Difference
certain part of the media to
£m’s £m’s
increased
talk the situation down Commercial Mortgages 5,735 4,940 +16.09%
even further. Adam Tyler
Bridging/Short Term Finance 836 1,118 -25.18
looks at the possible
Leasing & Asset Finance 1,112 1,200 -7.33%
damage being caused -
and some of the positive
Factoring & Invoice Discounting 687 182 +276.09
work being done
Vehicle Finance 1,085 1,261 -13.98%
12 Buy-to-let: Is the tide
Buy-to-let 3,918 9,513 -58.81%
turning?
Other 2,073 969 +113.83%
David Finlay, intermediary
TOTAL 15,449 19,186 -19.48%
business director at
Woolwich, considers the
As the market becomes more contracted, I wondered how the reader-
issue of regulation relating
ship of Commercial Finance Introducer was changing. Are you diversi-
to the buy-to-let market
fying into other areas? Are you concentrating on an area of business
14 Bridging loans
different to six or even 12 months ago? What are your plans given the
Bridging finance lender
state of the market? To this end we will be carrying out a quick survey –
Bridgebank Capital
and, don’t worry, I mean quick! In the next issue there’ll be a brief ques-
answers questions
tionnaire which you can fax back or email to me. I shall share the results
concerning bridging and
and, who knows, they may open up new areas of business for you to
short-term finance
consider.
18 Interview
Astra's Graham Toy
Issue 10
ADVICE TO READERS
February 2009
Information carried in Commercial Finance Introducer is
checked for accuracy, but we recommend that you make
explains what keeps him
enquiries and, if necessary, take legal advice before
entering into any transactions. Any views or opinions
sane, as well as his view of
Editor
Nia Williams, 0207 490 0693
expressed in this magazine are solely those of the author
and do not necessarily represent those of The Publishing
the current market
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Introducer
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www.mortgageintroducer.com February 2009 Commercial Finance Introducer
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