If your Bank, Funding Circle or a Finance Company has turned your business down for finance don’t give up, thinking, funding is not available.
This is a case we helped to fund
A Decline to Approval
The business had an existing £100k loan with a Finance Company, they went to them for further finance and were turned down.
Our team went back to the same finance company that had turned them down and completely re packaged the loan application with explanatory notes for the Underwriter, we secured a £200,000 loan at less than half the interest rate than they were paying, reducing their interest from 12% to 4.9%
We know our business and you know yours, could I come in and do your job as well as you do?
No of course I couldn’t.
If you were a gambling person, who would you bet on to get a lower interest rate, me or you?
Invoice Finance has changed in the last 5 years
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Take Funding Circle they have 1000’s of Introducers, Accountants, Solicitors, all sorts of finance brokers.
They looked for their very best Introducers and chose the very best and called them Champion Brokers about 30 in total, we are lucky enough to have two on our team.
A Champion Broker has access to their own account manager, enjoys the best rates, highest credit limits and has the best service that they can offer.
You probably do the same for your very best clients.
Well our team has a similiar arrangement with many finance companies.
Pick up the phone and tell me what you would ideally like and then we can go out and get it for you, this will be a tailor made solution to your needs, rather than a one size fits all solution.
Where I differ from some is that with so many types of finance available, I know my limitations. I do not say I am an expert at every type of finance, but I do have someone on my team who is that expert. It has taken me years to be able do this, but when you love what you do, you meet good people along the way. You are always welcome to call me on my mobile 07710 466166.
Let’s talk today.
Very best wishes, Mark