A commercial finance broker offers more than just a business match making service. They play a vital role in getting SME’s the right finance need, especially in times of crisis.
Gone are the days of scheduling a meeting with your local bank manager to discuss a potential business loan. These days, everything is online, with hundreds of lenders at your fingertips ready to provide you with the funding you need.
But with so much choice, finding the right product for you can be difficult. With this in mind, Think Business Loans explains why it’s important to consult a commercial finance broker when looking for a business loan.
Offer financial guidanceWith so many options on the marketing, finding a product that suits the needs of your business and budget can be daunting. A commercial finance broker can provide professional advice, while finding a product that’s both flexible and cost effective.
Always on your sideWhile the world of technology is making our lives easier, sometimes you just need to explain your situation to a human than understands. A commercial finance broker will get to know you and your situation to help guide your business to the most suitable financial product. While they may be trying to sell you a product, they will always work with your needs in mind and will never push a product that may not work in your best interests.
Save you time and money
According to the Insider, 55% of businesses approached a high street bank as their first source for business finance. While this may seem like the standard way to obtain a business loan, it’s incredibly time consuming and maybe costing you more in the long run.
By outsourcing your search to a commercial finance broker, they will be able to navigate through complex world of business loans and find you the best product at a competitive rate.
Contact our commercial finance brokersAt Think Business Loans, we understand how time consuming it can be searching for finance while running a business. That’s why we aim to secure you the best financial product in 24 hours, so you can get the funding you need.
We cover the whole financial market, including high street, challenger and alternative lenders. If you would like more information about the product we provide, get in touch with our lending managers today.
Jessica Court graduated from the University of Portsmouth in 2017 with a bachelor’s degree in Media Studies. She has previously worked within the In... Explore Author