"We often refer clients to banks when they need to refinance from one of our short term loans, and we have always had a strong reciprocal relationship with the banking sector, effecting short term facilities for a large number of clients in recent years.

"Most banks are now having to undertake greater due diligence before agreeing any changes to an account that a client requires. Their solution is to introduce the client to a short term lender like us, who can provide an interim facility in the form of a short term loan. The client gets the funds they require, the bank has time to put resources in place, and the relationship between bank and customer is preserved.

"We've always viewed our service as a complement to the traditional bank offering and have sought to work in partnership with the banks for the benefit of our mutual clients. The current financial climate has strengthened our relationships and we are pleased to continue supporting our associates in the banking sector, helping them to combat the pressures of the current climate."