Why Use a Commercial Finance Broker?
A question I'm often asked is 'why would I use a commercial finance broker?' And its a great question. The world of business finance can be an overwhelming place and with so many options out there it can help to use someone who has experience of the wider market. Brokers can utilise their experience of the finance industry and help you save time, money, and effort.
Here are the 3 key advantages of using a finance broker:
1. Bespoke service
Every situation is different and there is a rarely a 'one size fits all' solution. Working with a broker helps you evaluate your position and tailor a solution to fit. Having impartial advice can help you see all available options and often lead to savvier and more creative capital.
2. The best solution isn't always the most obvious
With over 500 lenders in the UK, knowing which one is the best is a difficult task. At Plexus Finance we make it our business to know the market and as a result have the knowledge and presence to steer you in the right direction.
Cost is often defined as price however it is rarely the case the price and price alone drive costs. There are so many factors to consider when choosing a finance product. Cost could be as simple as APR but it could also be measured in setup costs, ongoing costs, or time needed to manage the finance product.
If you are looking at business finance and want impartial advice do not hesitate to email firstname.lastname@example.org and one of the team will help you.