Where can I turn if the Bank says no?
by David Marshall
In the ‘new normal’ world of debt finance webinars that I’ve found myself logging into recently , I frequently hear businesses ask ‘where can I turn if the Bank says no?’.
There are currently 122 folders on my computer for Lenders that I’ve had dialogue with over recent years. Yes, some do have very similar offerings, and some are quite specialist, but over the last nine years the alternative finance market has developed to the point where there are numerous potential funders for a business.
It’s not easy to identify which funder is best for a given situation, so you will probably need help. Whilst I can’t guarantee there will be a debt funder for every situation, I could save you time, very possibly money and perhaps, in some circumstances, even your business!
Speak with a Commercial Finance Broker that doesn’t ask for an up-front fee, is FCA regulated and a member of the NACFB and can access an alternative finance market that may well be faster, more flexible and more competitive than you think.