While our brokers always try to guide clients in the best direction for them, it would be remiss to ignore the fact that the client knows their business better than anyone, and they may have some ideas of their own.
This was the situation that Harry Sewell was faced with recently, when assisting a security firm. The company wanted to explore the options of either a business loan or a factoring facility, with the aim to maintain stable cashflow.
However, after presenting the client with their options and talking them through, they came to the conclusion that they did not want to go down such a contractual route. They were also eager to find the most cost-effective solution possible.
With this new challenge posed to him, Harry went straight to a provider who he knew could cover all of the customer’s requirements. The funder followed through, allowing the customer a £50,000 credit line.
Needless to say, the client was extremely happy with this outcome. They took comfort in the security of the credit line offered, and having no arrangement fees, termination fees, or contract to tie them in gave them the flexibility to grow at their own rate.
If you, too, are looking for funding that affords you the control and flexibility you require, please don’t hesitate to get in touch. After all, nobody knows your business better than you, and nobody knows the industry better than us!
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