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We often hear from a business or its advisor that they are looking for similar terms to a deal that was completed at a bank or private lender. We are left reminding them unless we know the full details of that deal, this thinking can be misguided nevermind the fact if what they heard is the actual true details or someone has told them a fib to make themselves sound better. There are subtle differences in every deal that can lead to differing rates and terms. Some of these differences: - Are there cross guarantees across the different groups of a business? - What are the accounting methods and how is EBITDA derived? - What is the true borrowing base and assets and loan-to-values? - Are their personal guarantees involved and what does that person’s credit history look like? - Is it in the same industry and how do the businesses fit in that industry? There can be subtle difference in the chain of an industry that can greatly affect strength of repayment. In the end, no two deals are exactly the same so very hard to make an apples-to-apples comparison when looking at two debt deals. 

Here's how to obtain the best rates and terms for your Invoice Finance facility. 💫 💳Pay bills on time. This shows that you have a handle on your finances and are committed to succeeding. Businesses with the best credit scores will always obtain the best rates. 📚Do your research. Find out what funding is available. Don't forget to check whether there is any government support available. ⏰Time it right. Interest rates make a huge difference to the overall amount paid so timing is key to lock in favourable rates. 👀Compare offers. Don't just go with the first lender you talk to. 🤝Work with a broker. An experienced broker can save you time and money by quickly pairing you with the most suitable lenders and negotiating on your behalf. Understanding pricing structures and working out how much you will pay can be time consuming. We are always happy to answer any questions. enquiries@pathfinderinvoicefinance.co.uk #PathfinderIF, #CompareFinance, #BusinessFunding

Trick or Treat? When it comes to Merchant Cash Advances (MCAs), the answer is clear—these “quick fix” loans are all trick and no treat! Full of hidden fees and misleading fine print, MCAs can lead you down a spooky path with: - Sky-High Rates: Interest can haunt your finances with rates that creep up to 150% APR! - Daily Payments: Say goodbye to cash flow stability—MCAs drain your account daily. - Endless Cycles: Once you’re in, it’s hard to escape. Many MCA clients find themselves trapped in a costly cycle of debt. At Catalyst Financial, we’re here to offer you flexible, transparent funding that supports your business growth without the tricks. What you get with factoring: - Predictable rates and manageable repayment terms - Cash flow stability that supports your growth—not daily drain - A team of experts ready to help you thrive Don’t get spooked by the wrong funding choice. Let us help you avoid the MCAs’ tricks and keep your cash flow moving! Happy Halloween!

If you have a cashflow issue with your business, an urgent tax bill, a loan due for repayment, a plot of land or a property have been made available to you that has a great profit potential but your cash is tied up elsewhere, we may be able to help. We can look at the refinancing options for any existing loans you have, we can arrange short term finance to help with cash flow or we can see what funding options you have to buy that land, or property. Establishing the options will cost you nothing, we just need some basic information to be able to provide you with indicative terms. Urgent cases or auction purchases welcome. Get in touch at info@outstandinggrowth.com or send me a dm. #bridgingloans #CashFlowSolutions #bridgingfinance #money #outstandinggrowth #finance #broker #problemsolved #refinance #Repayment #developmentloanexit #exitstrategy #securedloans #solutions #FinancialSuccess

I like to sometimes look at my caseload and identify some patterns in the lending market. Based on this I am really keen to help the following client at the moment: - Trading business - maybe going between 5-10 years - Purchased their own commercial premises (or a much larger residential property) pre COVID when things were going well - Since lockdown, it has been a lot tougher and now they need to either refinance their commercial unit or raise some money to get back on top of cash flow - Despite this, there is an excellent business underneath it all and great future prospects as well as a lot of confidence from the business owner about the next 2/3 years. - It may e that they have been to their current lender/Bank who has turned them down for additional finance With a client like this there are potentially several options 1) Refinance the existing assets to raise more finance 2) An unsecured business loan 3) Raise funds against future receipts such as invoices or card payments If you know anyone in this kind of position then please put them in touch for a free chat james@jbcommercialfinance.co.uk https://lnkd.in/gbRsGRC

Pro tip #1245 Are you thinking about buying a business in the near future? Before you take the leap, it's important to make sure your personal finances are in order. Here are a few steps to help you prepare: 1. Review your credit report and score to ensure you can qualify for financing. Most banks want to see a score no lower than 640. If your having credit issue you may want to seek out a CDFI (google it) for some financing 2. Create a budget to have a clear understanding of your current financial situation. 3. Start saving for a down payment or other business expenses. Most SBA lenders need at least 10% equity injection and many want to see you have money left over after the transaction (Post Closing) which could be as high as another 10% By taking these steps to prepare your personal finances, you can set yourself up for success when buying a business. Northwest Bank #BusinessOwnership #FinancialPlanning #EntrepreneurLife #MoneyManagement #SmallBizOwner #InvestingGoals #BusinessAcquisition #ProfessionalFinance #WealthBuilding

💡 *Quick Tips for Negotiating Better Loan Terms* 💡 Looking to secure the best deal on your next loan? Here are some quick tips to help you negotiate better terms and save money: 📈 Know Your Numbers: Understand your financial position and credit score. 📜 Compare Offers: Shop around and compare terms from different lenders. 💬 Negotiate Rates: Don’t settle for the first offer; ask for lower interest rates or better terms. 🕰️ Be Flexible: Sometimes adjusting the loan term can lead to better rates. 📊 Show Financial Stability: Demonstrate a strong financial history to gain more favorable terms. Be prepared and confident in your negotiations to get the best possible deal! 💪✨ *Let's Partner for Success* Let Finance Portal be your trusted partner in securing the funding you need to grow your business. Visit our website to view our fees and learn more about our services and how we can help your business thrive. #LoanTips #NegotiationSkills #FinancialAdvice #MoneyMatters #LoanTerms #BusinessFinance #FinancialFreedom #SmartMoney #PersonalFinance #CreditScore #SaveMoney Visit our website: [Finance Portal](https://lnkd.in/dBprnNXi)

When bad debt gets out of control, it can sometimes result in the need for debt collection, legal action, and court proceedings, but these options should always be a last resort. They're not only expensive but can jeopardise relationships beyond the point of repair. The Jameco Group team understands the challenges small businesses face in managing late payments. In this helpful guide, we'll give some tips and strategies to help you reduce financial difficulties arising from bad debts and encourage your customers to pay on time... https://lnkd.in/dXQpUD2C

Check out this invoice finance quote we secured (the spoiler?…ZERO service fees) Confidential facility $10M Limit Interest: 8.53% pa Line fee: 1% pa (the total annual cost is 1% of the limit divided by 12 and charged monthly) That’s it. NO SERVICE FEES And the client keeps their own bank account. Lender due diligence is underway and the facility should be ready to go within a month. Need the right line of credit for your business? The link you need is in the comments 👊 Jeff Suter