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Small business loans necessary for timely expansion of products and services

A new CBI report has stated that lack of access to funds is the major factor preventing small companies from expanding. Yet, ironically, there is more money available to lend and more lenders in the market than ever before and bank rates have never been lower.

Luaker Associates is a loan brokerage company which offers a “one stop” service to commercial borrowers in South London. With access to a panel of over 340 nation-wide lenders, who between them cover just about every business lending niche imaginable, they can generally fund any sound business proposition including loans “turned down” by banks and conventional lenders.

Avoid strict lending criteria

The Chief Executive, Victor Green has had 26 years’ banking experience, in the City and in Europe, including Board level appointments and has been involved in a vast range of financing issues.

In a recent interview he explained why Luaker Associates are able to provide a better service to their clients. “High Street banks tend to have rigid lending criteria and so frequently have to turn away good business. Our large panel of lenders have developed niche-lending expertise and they are open to innovative funding solutions, so we can match borrowers’ needs to lenders’ criteria very precisely. We cut through red tape, so frequently loans can be agreed and funded within a few hours. Our customers particularly appreciate that we come to them rather than them having to go to a bank. Since we do not charge up front fees, using us is risk free. We are paid only on successful results”.


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