Vic Jannels

ASTL urges businesses to prepare now for market return

ASTL has encouraged businesses in the short-term lending market to prepare for when normal market activity returns.

It states to ensure that businesses are in good shape to help clients and support recovery when this period ends.

Vic Jannels, CEO at ASTL (pictured above), said: “It almost goes without saying that these are very difficult times for all businesses operating in the short-term lending market.

“We do not know when this period will end, but we do know that it will end.

He added that he expected there would be many opportunities for short-term lenders and brokers to help clients rebuild their cashflow and help facilitate recovery for the future.

“It is, therefore, hugely important that businesses use this period to ensure they are best placed to support the recovery and able to demonstrate their commitment to working in the best interests of their customers,” said Vic.

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