The Benefits of Using a Finance Broker
We understand the pressures that come with starting-up and running a small business: it takes a lot of time, money and worry, sometimes with limited resources. The right financial support can make a huge difference, but how do you know which product or lender is right for you? This is when finance brokers, like us, can become an essential part of the team. Our previous blog identifies the difference between a lender and broker, but below, we highlight the benefits of why using a broker to reach your business goals could be the best solution for you.
We have access to a variety of products and lenders
Naturally, if you’re looking for a business loan you’re fist thought might be to head directly to a bank or lender. However, they’re limited to the companies they can lend to, the amount they can lend and can often be incredibly slow at approving an application. Many of the lenders in the business finance market are broker led- meaning you can’t contact them directly and need to use a broker to access them. Brokers add value by the fact they work with these types of lenders as well as banks, challenger banks, private funders and alternative lenders, and multiple financial partners across the whole market. Meaning we’re not tied to anyone and can source a tailored solution to meet your specific requirements.
We’ll save you time and stress
Business owners have a lot of plates to juggle, especially small business owners who may not have a lot of resource to hand and often take on a lot of responsibility themselves. When it comes to investing in your business, sourcing the right financial option can take a lot of unnecessary time, stress, and doubt. Brokers will take all that weight off your shoulders, and you can trust we’ll source the best option.
Whilst you focus on the important day-to-day running of your business, Finance Brokers will do all the legwork behind the scenes. Once we’ve received all the information we need from you, we dedicate our time and efforts into finding the right lender and financial solution. You don’t need to worry about comparing different offers, repayment terms or T&Cs as we’ll do all that and present you the best offer.
We’re experts in the financial field
Many Brokers come with a financial background, so already have a head start on processes, procedures and industry jargon. We understand the frustrations that come with applications and here at Busby Finance, we’ve refined these processes to make them easier for you. We also stay up to date with the latest industry news including new lenders, interest rates and the best deals, so you don’t have to.
We provide a bespoke service
Here at Busby Finance, we pride ourselves on building strong and lasting relationships with our clients. This starts at the very beginning where we take the time to get to know you and your business. By understanding how your business began and where you want it to go, we can help get you there, ensuring whichever solution we source is realistic for your financial situation.
We’re always rooting for you
Like we said, we make the time to get to know you and your business. We love working with small businesses and supporting you in pursuing and achieving your targets. We celebrate your successful and will never put you in a position you couldn’t financially sustain.
Speak to Busby
If you’re looking for the best financial solution for your business, then get in touch with our friendly team today.