About Us
PFN Finance specialises in all element of commercial finance funding. As independent commercial brokers we have access to a large range of Banks, Building Societies, Finance Houses and Specialist lenders. Our staff have a wealth of knowledge and expertise in Building A Property Portfolio in this sector with an excess of 35 years of experience. Our knowledge of the industry makes us very aware that poorly researched or presented application form are very often completely rejected for the wrong reasons.We use our knowledge to approach an appropriate lender for the particular case. This provides the client with a competitive package straight away whatever to requirements.
WE ARE A BROKER, NOT A LENDER Following an initial discussion, we will agree the way forward, hold detailed discussions with you, normally face to face, to gain all the necessary information with a view to getting a straightforward and positive decision from the lender. We operate with a policy of no up-front fees. Our fee package is flexible and only payable on results. All fees are agreed in advance and confirmed in writing.
Should You Hire A Business Finance Brokers? Running a small business can be complex and heavily timeconsuming. In many businesses, owners are so busy running their day-to-day operations that they can’t dedicate themselves to a fulltime finance position. Hiring a business finance brokers allows your finances to be in expert hands. The most effective business finance brokers can assist you in finding the best financing options as well as streamline the loan application process so you can focus on your core competencies.
What Is A Business Finance Broker?
In layman’s terms, a business finance broker is a bridge between a business and the world of lenders. They will work with you and analyze the details of various lending options. They will also shortlist suitable lenders based on your permutations. You can get business financing through brokers who work with lenders. As a result of their relationships with lenders, they can recommend the ones best suited to your company’s financial needs. They can also act on your behalf and take care of application processes. In most cases, the broker’s fee varies from 1% to 1.5% of the loan amount. This varies based on the situation and the details of the loan. Business Finance Brokers are also sometimes called Commercial Finance Brokers. Though often used interchangeably, commercial finance brokers are an overall type of business finance broker.
When Do You Need A Business Finance Broker?
Business finance brokers are the perfect option for you if you want to find a great deal without straining over the research on your own. A lot goes into sifting through different loan options and finding the right one. It is also extremely time-consuming. Commercial finance brokers are also very knowledgeable in their field and often have insights that you may not find listed on a lender’s page. They tend to be familiar with every lender and their approval criteria, which is information most lenders don’t give to their customers. Business finance brokers are like insiders who have all the knowledge you need to choose the best option in a timely manner. You’d go a long way with a broker compared to handling it all on your own. Brokers are extremely helpful, especially if you’re in a less-than-ideal financial situation. This makes them perfect for start-ups and even people/businesses with damaged personal credits. Our business finance brokers can sift through all the options, and find the perfect lender for you.
Conclusion
we hoped this article helped you understand commercial finance brokers better. Now that you know what to look out for in a good business finance broker, you’ll notice that PFN Finance may have all the answers you need! Contact us to see how we can help you.
Contact Us Address - Roadside Farm, Little Salisbury, Pewsey, Wiltshire, SN9 5NB. Phone - 01672 569040 Email - info@pfnfinance.co.uk
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