Leasing Sector Capitalising on Recession Opportunities finds Business Leader : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

Leasing Sector Capitalising on Recession Opportunities finds Business Leader

May 16, 2012

Leasing Sector Capitalising on Recession Opportunities finds Business Leader

London, UK (RPRN) 05/16/12 — As the economic downturn continues to bite, business owners are increasingly looking for ways to cut costs without adversely affecting efficiency and productivity levels. Large purchases involving significant financial commitments, therefore, are seen as having limited priority, with many businesses moving to short and long term leasing contracts where possible. Consequently, companies offering leasing services in the B2B environment have an opportunity to reap rewards in the current climate, finds business turnaround expert Richard Close.

Briggs Equipment is a leading materials handling equipment supplier, specialising in the leasing of forklift trucks to organisations across the UK. Having achieved a tenfold profit increase from 2010-2011, it is one of a number of examples of forward-thinking companies that have experienced success during the recession. As banks are less inclined to lend money to businesses to invest in operational requirements, companies have to look for alternative methods to stay afloat. A recent report from IT finance provider Syscap found that manufacturers are increasingly turning to leasing as a means of financial management.

Richard comments, “As companies are cautious about investing in significant purchases at the moment, and this could apply to office space, company cars and business equipment, an opportunity for short and long term leasing has transpired. At Briggs we are in a very strong position as a private company that is backed by the resources of Sammons Enterprises that we are not bound by any credit restrictions. By not depending on external sources of credit, we can react more quickly to any changes in customer circumstances and offer more flexibility. If a customer is struggling to renew their contract, we may be able to offer an extension to their existing one, meaning we don’t have to provide them with new machinery, and they don’t need to commit to a large financial obligation.”

“The current climate also offers an opportunity for companies like ours to go ‘above and beyond’ in terms of their proposition,” the business transformation expert continues, “It is during tough times such as these that providing impeccable customer service is more important than ever. By adding value through excellent customer relations, leasing companies are far more likely to hold on to those customers when the economy again begins to thrive.”

 

About Richard Close

 

Richard Close is one of the UK’s most experienced international business leaders with more than 30 years’ experience turning around the fortunes of businesses. Currently working as the chief executive of Briggs Equipment, the UK’s leading independent service provider and materials handling equipment supplier, Richard has transformed four loss making businesses into multi-million pound profit making organisations.

For further information please visit www.richard-close.com

Media Contact Name: Victoria Harris
Media E-mail:
Media Phone: +44 (0) 1858 411 600
Company Contact Name: Briggs Equipment
Company Web Address: www.richard-close.com
Click here to see all news from this author/company

Filed Under: BREAKING NEWS, BUSINESS NEWS, PRESS RELEASE, United Kingdom

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

NEW ACCOMMODATIONS AT STE. ANNE’S SPA VILLAGE

GRAFTON, ONTARIO 09/16/14 · Ste. Anne’s Spa has opened the doors to...

Twenty dollars discount on your next press release submission order

SAN FRANCISCO 09/15/14 ·  RushPRNews is offering you a September PR coupon...

Back Bends & Chest Openers: A Workshop at Studio Blue Yoga

Toronto, ON 09/11/14 · Back Bends to Extend the Spine & Expand...

The Think Pink Challenge; Reel Men Fish Pink

Hempstead, Long Island, NY 09/09/14 · Eposeidon Outdoor Adventure, Inc. kicks off a campaign...

Yoga Retreat for Breast Cancer Survivors at Ste. Anne's Spa

GRAFTON 09/04/14 · In honour of breast cancer awareness month, Ste....

Rice Bucket Challenge has raised 3.5 Million for the Hungry

Tanauan, Philippines 09/03/14 · The Rice Bucket Challenge announced today that donations...

Ultraseal International to exhibit at Ankiros 2014

Coventry, UK 09/03/14 · Ultraseal International, a global leader in providing solutions...

Unconstitutional wire tape:a personal testimonial

N Las Vegas 09/02/14 · Hello my name is Sumayah Hodges, I live...

Swift Travel Deals Set To Become Multi-Million Dollar Agency!

Miami, FL 09/01/14 · Lux Millionaire Magazine/ --If you are looking for a...

New Online Scheduling Platform That Helps Appointment Based Businesses

London, UK 08/30/14 · Book the Slot (http://provider.booktheslot.com/signin) has recently been piloting...

Ultraseal International helps powertrain manufacturers to improve quality cost effectively

Ann Arbor, MI 08/29/14 · Ultraseal America will explain to powertrain manufacturers how...

Innovative Approach To Select Crawler Crane

Ghaziabad, UP 08/27/14 · If you run any production business or real...

Harper’s government targeting poor seniors on guaranteed income

Halifax, NS 08/27/14 · Under proposed changes to prescribed annuity taxation, Canadian...