With over 100 Finance Companies to choose from, it can be tricky to find the right one; we know who to speak to and their lending criteria, and believe me, it changes.
Many Finance Companies are industry sector, credit rating or business size driven, and of course, the purpose of a loan can lead to a last-minute turndown. Likewise, you may need some help if you aren’t a homeowner.
Go to the wrong finance company or the right one at the wrong time of the year, and you will pay too much or be turned down, which is why 70% of applications are turned down when applying directly.
I had lunch with the Director of a Finance House where we probably arrange one case a week; incidentally, the previous week, we had an urgent case for funding, with a same-day offer for finance and funds paid out in three days for £200k.
One thing he mentioned, which is great for my clients, is that we are running at an acceptance rate of over 80% for client loans (it does help that he personally handles all our cases).
It sure helps that we can go to the decision-makers directly and explain any relevant circumstances at the beginning of an application, avoiding last-minute turndowns from the underwriters.
Helping directors swiftly change the course of their business, putting smiles back on their faces and allowing them to sleep better at night.
If you know who to approach, Business loans are readily available, be it to pay HMRC, management buyouts, funding or completing a project, asset purchases or company growth and expansion (the secret is knowing where to go).
I typically get a phone call once a week that starts with “Hey Mark, I have been receiving your emails for years now. Can you ………………….” The answer usually is yes, having built up a contact base to die for over 20 years.
Time wasters are always welcome to call me; I like nothing more than a challenge; I love what I do; I am a fortunate man.
If your business is looking for; any business finance, it’s what we do.
Pick up the phone at 07710466166 and tell me what finance would suit your business. Let us be your Satnav, helping you get there quickly and easily. We work with all types of industries, including the construction sector.