Why your business needs a finance broker
The world of business finance is confusing. There are so many different lenders to choose from, who do you choose? Should you use a Finance broker?
With the traditional bank manager already disappearing, people are looking at alternative ways of financing their business in this ever-complex environment.
Here are the reasons why your business needs a finance broker.
All businesses are different, and have a multitude of different funding requirements in a number of different industries. What might be right for one business is not necessarily right for another business, which is why finding the right finance solution can be difficult. A good financial broker will take the time to fully understand your business and be able to give you the very best advice and find you the best lender for your specific situation.
Knowledge & Experience
With an array of different finance options available alongside confusing structures and terminology, it can be challenging for you to find the best funding. Using a broker can make it easier to understand, as well as having access to the whole of the market to find you the very best deal. At Newable Finance, clients have access to 200+ different lenders to choose from.
Save you time & Money
With so many different lenders to choose from, searching for finance can be an extremely time-consuming process. Outsourcing this to a commercial broker, such as Newable Finance, will help you concentrate on your business and save you money by reducing your risk. A broker can also help speed up the application process by getting you fully prepared and steering you in the right direction.
When choosing a broker there are many things that one must consider, including:
- Is the broker independent?
- Does the broker understand your industry?
- Does the broker specialise in the product you are looking to finance?
- How many lenders does the broker work with?
- Is the broker regulated?
- What costs are there?
At Newable Finance, our specialist teams go above and beyond to get the right finance for your specific needs. As a completely independent, whole of market, brokerage we have decades of experience in SME and property finance, working with a trusted panel of over 200 lenders. With a relentless focus on delivering a first-rate experience for our customers, you can be assured that we will provide hands-on support throughout the deal process, delivering the financial solutions you need as swiftly and seamlessly as possible.
Newable Finance offer many different areas of both business and property finance including; cashflow finance, asset finance, invoice finance, bridging loans, development finance, commercial mortgages, auction finance, and most recently the Coronavirus Business Loan Scheme (CBILS),
Newable Finance additionally specialise in financing specific sectors such as construction, healthcare, trade and renewable energy.
As a UK wide company, with specialist teams in regional areas you can rest knowing you will receive a specialist, personal, and in-depth service with our team at Newable Finance.
To find out more about our finance options or to contact our team, visit: https://go.newable.co.uk/l/462372/2021-01-14/9zlz11