How can you access the best funding options for your business?

When a business decides that they need some additional funding the biggest headache they can face is sourcing the best option. It can often be confusing and difficult to understand which the right solution for their business. Which is the best route to go down?

This is why a finance broker can be so important. Continuing with the journey analogy, a finance broker can basically perform the same function as a navigation system. They collect the data through a needs analysis (calculating the start point of the journey and the end point of the journey), then they evaluate all of the available options and present them to the business (review the journey types and different options from all those available) and then together the broker and the business can select the most suitable funding option for them (choosing the right route that will get you to the destination through the safest, quickest and most comfortable option).

“Quite simply the best option to access the right funding for your business is to consult with a finance broker.”

In today’s fast pace and ever-changing business landscape, off-the-shelf business loans are rarely a suitable option. It can be a complex process applying for a bank loan, with companies often not fully understanding what is required and therefore submitting information which is not actually what the Bank want to see, which ultimately will result in a failed application. Using a broker can eliminate all these worries as they won’t rely on a standard off-the-shelf solution and will know exactly what is needed in order to submit a successful application.

“A finance broker can take care of the entire application process.”

Here at NGI Finance, we know first-hand how important it is to match the right lender to the right business. By engaging with a broker, a business is given the opportunity to unlock all the necessary opportunities to fulfil their business growth plans.

If you have any questions or would like to discuss an application for business funding, please call us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.