Have you ever worked with a finance broker?
While preparing a presentation about What To Expect From A Good Commercial Finance Broker and dealing with a few ongoing transactions I start to wonder what people do NOT expect from a broker.
Everyone expects you to understand your client's business and funding requests, and source the right type of finance.
Everyone expects you to be able to fill in forms, chase clients for signatures and collect a few documents (and rightly so).
♀️ Some applicants are impressed when you tell them to speak with their own high street bank first about funding (and lose out on business!) as they likely have the best rates.
Quite a few clients appreciate when you encourage direct communication with a lender's relationship manager to create efficiencies.
A few more applicants are impressed when you share bespoke grant funding links with them, to apply for free money.
And most clients are grateful if you actively facilitate communication flows with solicitors or estate agents, and chase up delayed responses on a regular basis.
But it's when you get out of your way to assist a client with things they are supposed to deliver (think gas and electrical safety certificates for a property) that you go beyond expectations.
Get in touch for a good chat about your (property) business and an honest first assessment of your funding requirements: bcacao@cc-fiance.co.uk; 0774 776 7312
"If you need to raise funds for your business or property have you spoken with your bank yet?" This is the first question I ask business owners, property developers and landlords. High street banks…
