Fit Out Finance in 2022

Welcome to 2022 to all our Fit Out Finance clients and connections. We wish you a happy, healthy, and prosperous year ahead. Let’s hope 2022 is a kinder year to all of us as opposed to the former two.

It will come as no surprise to know that both 2020 and 2021 were slightly challenging years for our business –and more importantly for many of our clients; particularly those in or serving the hospitality & leisure sector.

However, it wasn’t all doom and gloom. Despite the obstacles that came with those years, opportunities came of them too.

In particular, our sub-brand, Fit Outdoor Finance, proved to be popular among start-ups seeking to overcome the government restrictions on indoor events. And they innovatively did so by looking to enter the glamping industry and financing their pods and infrastructure through us. As you are most likely aware, the staycation market boomed throughout the pandemic as travel restrictions were imposed by the government. Therefore, this was prime time for the glamping market to shine. And as a result, glamping businesses inevitably thrived at this time. Furthermore, existing hotel and restaurant businesses looked to overcome restrictions by optimising their outdoor spaces with canopies, heating, outdoor furniture, stages etc. We were delighted to be able to support such businesses in a time that was challenging for most businesses.

Additionally, we were pleased to arrange lease finance for several temporary and semi-permanent structures both for hire stock and for end users. Such structures are particularly in demand in the film industry at the moment.

Very early in the pandemic, Fit Out Finance made a commitment to stand by the hospitality and leisure sector. And it is our absolute intention to stand by that and to help fund hotels, restaurants, bars, and other hospitality businesses as they emerge and grow from the horrors of the last 2 years.

As MD, I will personally remain responsible for delivering the high-quality level of service that they deserve.

Our plans for 2022

However, the Fit Out Finance brand is a strong one, and we have the benefit of a partnership with a larger broker. By combining our resources with those of our colleagues at WestWon, the plan in 2022 is to take the Fit Out Finance brand into other targeted areas, such as:

• Offices.
• Scientific / research laboratories.
• Warehouses.
• Care homes.
• Day nurseries.

We predict that others may follow as the plan evolves.

For more information on our services and what we might be able to offer your business, please see our website. Alternatively, give us a call on: 01494 422 614.