Finance Companies always run a very tight ship. Everything goes their way. However over all the years i have dealt with them for my benefit they have always paid my business a commission as well as allowing me to make a sale that without them would not have been possible. They take the risk after checking the new client. If the client fails to repay i am not asked to supply a replacement or recover the goods. Hence the higher interest rates.
This is what makes the BIG arrangement so interesting a concept and this should have remained as commercial in-confidence and not be exposed to the general market and BIGs competitors, by the ASX.
The BIG response letter was far too detailed for general release and look at the speculation it has caused.
I am very happy I found BIG and very pleased that they work hard and are growing a great Aussie Company.
The cost of advertising has become very expensive for small business and BIG has a great product that will help many small businesses to grow and survive.
I wish i had such a great advertising medium when i was running my own business.
Go BIG support small business.
BIG Price at posting:
$2.22 Sentiment: Buy Disclosure: Held