News and Announcements
Broadway Leasing announces the appointment of DH Flinders
- Published November 19, 2013 11:02AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Broadway Leasing has today announced the appointment of DH Flinders Melbourne office to assist in the management of capital initiatives on their behalf. Broadway’s Managing Director John Dear, stated that the demand for lease financing products had been exceptionally strong for the first quarter of the new 2014 financial year and put added pressure on the company to maintain suitable cash reserves to meet market demand. Additionally Mr Dear stated that he believes the growth for small ticket financing will be sustained over the next 5 years as Australian SMEs emerge from the GFC and start to reinvest in their businesses. All the economic signs suggest that recent events have given confidence to small business to expand.
The initiative which is designed to build the company’s shareholder base and foundation capital will be headed up by Grant Carman, Director of Capital Markets for DH Flinders in Melbourne.
Broadway Leasing has quickly proven that strong demand exists for operating leases and equipment rental contracts and is moving to fund this growth with additional shareholders and fresh capital.
A current Information Memorandum detailing the company’s business plans for 2014 year is available from Grant Carman of DH Flinders, Melbourne [email protected] or from John Dear Broadway Leasing jd@broadwayleasing.