Business Finance, square peg round hole?

Your clients may be used to or only know of ‘the usual’ business finance options for managing their business cash flow and working capital requirements.

They may have only previously worked with their bank manager on these issues and may have only experienced overdraft or loan options.

In many cases, the much-publicised physical withdrawal of high street banks from many towns and regions has included the physical withdrawal of business and commercial relationship managers. Commercial finance brokers can add significant value to clients by filling this void with their advice and range of solutions.

But using an overdraft or business loan for every requirement would be like trying to push a square peg into a round hole.

Not all challenges to their business – cash flow to fund new opportunities up front while their customers pay later, supply chain delays and shortages, staff and labour shortages, cost of funding with increased interest rates – can be solved with the same solutions.

How can Business Finance Help?

Keeping cash flowing in a business is critical, as is managing the cost of debt servicing.

• Invoice Finance and Merchant Cash Advances (MCA) inject working capital into a business, with repayments tied to the level of business they\’re doing.

• Refinancing assets in the business that they bought for cash or have equity in them with Asset Finance can reduce borrowing costs vs. unsecured lending, as there is a tangible asset as security for the lender.

• Trade Finance can support a firm’s supply chain lifecycle (and delays) without the large cash calls on the business for extended periods.

These are just a few examples of, and not the extent of, the ways you can help prevent your client from trying to push square pegs through round holes as they look for a solution to finance their business.

START THE CONVERSATION TODAY – Talk to your clients about Business Finance

About Fiducia Commercial Network

Fiducia Commercial Network is a commercial finance \’Appointed Representative\’ network created to allow independent firms to provide commercial property finance and trading business finance options to their existing client base and network.

Joining the network provides opportunities for professional brokers to offer a full range of commercial finance solutions by acting as an Appointed Representative (AR) with the full support of the Fiducia Commercial Network team.

The Fiducia Commercial Network membership includes FCA authorisation and reporting, PI insurance, and NACFB membership, plus business, compliance, finance, system, and admin support from a company with over 20 years\’ experience in commercial finance.

If you\’d like to discuss joining Fiducia Commercial Network or you\’d like to apply to become an Appointed Representative…

SPEAK TO OUR TEAM

To discuss Fiducia Commercial Network or to apply to become an Appointed Representative email the team via by clicking this link.

For all media and marketing enquiries contact –  pr@fiduciagroup.co.uk