相反，37％的受访者认为基准利率为1％对中小企业投资几乎没有影响。联合信托银行（United Trust Bank）资产融资主管马丁•尼克松（Martin Nixon）表示：“融资租赁协会（FLA）的数据表明，资产融资部门在2018年上半年继续增长，但现在判断最近的基准利率增加对中小企业的投资借款是否产生了影响还为时尚早。资产融资市场极具竞争力，从我们自己的角度来看，今年夏天联合信托银行（UTB）的业务水平高于平均水平。”
United Trust Bank survey shows concern for SME investment
A United Trust Bank (UTB) survey of 108 brokers and intermediaries has shown that 61% of asset and property financiers believe it would take only one more 0.25% increase in the base rate set by the Bank of England for a potential stifling in SME investment.
Conversely, 37% of respondents felt that a base rate of 1% would have little to no effect on SME investment. Martin Nixon, head of asset finance at United Trust Bank, said: “Finance and Leasing Association (FLA) figures indicate that the asset finance sector continued to grow in the first half of 2018 but it is too early to tell if the recent base rate increase has had any impact on SME borrowing for investment. The asset finance market is extremely competitive and, from our own perspective, UTB has experienced above average business levels so far this summer.”
Nixon added: “Responsible business owners will have factored in some eventual upward movement in interest rates, and with funders continuing to offer attractive terms and forward-thinking SMEs still wishing to take advantage of opportunities, I don’t think there would be a major setback were another increase to come about later in 2019. If, however, the Bank of England were to announce another base rate hike this side of Brexit, that combined with continued uncertainty over our future outside of the EU, may well cause some businesses to pause and take stock.”
In a previous broker sentiment poll carried out by UTB, two thirds (67%) of brokers operating in the asset finance sector expressed belief that Brexit uncertainty is causing some businesses to delay investing in vehicles, plant, and machinery. The remaining 33% felt that Brexit was not affecting the companies they dealt with. The research was carried out by UTB in February 2018 among 124 brokers and intermediaries working in property and asset finance.