Potential Savings on New and Restructured Loan Interest & Charges
Bank lending margins on new lending generally seem to have increased significantly over the past few years. This size of increase is significant in the context of current base rates. Where will base rates and fixed rates be in a years’ time or 5 years or 10 years or 20 years?
There is more reason to shop around and ensure that you are getting the best deal in the marketplace. It doesn’t mean that you have to change to a new bank. A recent deal brokered by me for under £500k has potentially saved the farmer £40k over the lifetime of the loan and the cost of my time is normally covered by the commission paid or reduced fees.
A second big reason to use me to broker your lending proposal is that I will act as the intermediary with the banks and save you valuable time.
Thirdly, we will cut through the blurb and ensure you understand the small print of any proposal in detail and the consequences for your business.
Fourthly, I will ensure the lending proposal is placed in front of the most appropriate banks for your specific situation to ensure is a sound deal financially and structurally for your business.
Why not get me to deal with the banks and lending institutions on your behalf? If the deal goes through, the bank will normally pay a commission or reduce fees, so my time costs you nothing.
A Win, Win, for you and your business in a time of inflationary prices and uncertain times. Speak to us before approaching your existing or other banks, by contacting Ed at firstname.lastname@example.orgMidwest Consulting Limited is regulated by the Financial Conduct Authority and is a registered credit broker FRN793780. We are members of the NACFB.
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