And what do they offer to a company that’s looking to put finance in place?
Fiducia Commercial Solutions works on a very straightforward ethos – we work with clients to understand their requirements, source the most suitable funding solutions for them and to achieve the best possible outcome for their business.
Beyond that being sound bites on our commercial blog or on our website or on social media, we take some far more concrete steps to underline the sincerity of this for us as a company.
Fiducia Commercial is directly authorised by the FCA, a badge that we wear proudly to demonstrate how seriously we take the integrity of our business, and how we put how we treat our clients at the top of our list.
We have been active members of the National Association of Commercial Finance Brokers (NACFB) for some time – you cannot get more active than our CEO having chaired the association!
We are market leading in the transparency of terms and conditions and charges. And to emphasise this we hold a ‘security call’ with a client just to go back over their requirements and priorities to make sure that we have captured them correctly, as well as ensuring that they are happy with, and have read and understood, all of our terms and conditions and paper work.
So what does this actually mean in practice?
All businesses are different, and even two firms in the same sector or looking to fund the same type of property related transaction don’t have the same finance requirements.
With trading company clients we take the time to fully understand how a business works, its working capital needs and the challenges it faces; this allows us to identify the solution, or combination of solutions, taking into account the type of finance required and the costs to the company that would be involved.
Lenders can use confusing terminology and jargon in their product description, and the cost structure can be difficult to navigate if you’re not fluent! And there are a lot of lenders and commercial finance products out there. For example, our database has:
- Commercial and Investment Mortgage, Bridging Loan and Development finance lenders
- Unsecured and Secured Business Loan providers
- Asset Finance and Vehicle Solutions companies
- Invoice Finance lenders
- Trade and Supply Chain solution providers
Using a commercial finance broker helps you to cut through the crowd and to identify suitable products and lenders.
And beyond ‘what’ we can do for you, we guarantee our clients ‘how’ we will do it for them:
You can trust us to find the right solution for your businesses and funding requirements.
We offer ‘Whole of Market’ commercial financial services, giving you the security of choice.
We do all the hard work sourcing the market and providing you with the confidence that we can deliver the best terms available.
There is no comparison website out there where totally independent, unbiased and suitable results can be obtained by a business owner or director. We see many are promising indicative terms and decision in 2 minutes – but a consequence of the pandemic is that lenders’ criteria has and continues to change very often, along with their risk appetite.
Commercial funding is not agreed without human intervention – and indicative terms will be of rates available to ‘someone’ at best, and they will worry about where they source your funding from once they have engaged with you.
We do the leg work for you and use experience and product knowledge together with our lender network to source and present the most suitable options for you.
This leaves you to be able to get on with the important job of actually running your business!
We are looking to maintain long term client relationships. Companies grow, change and sometimes face their challenges over time. Having someone that already understands the business and its journey to this point means that you already have a partner in taking the next step, or fighting the next fire – whatever is on the horizon for your company.
Finance is not everyone’s favourite subject, and can take people at all levels out of their comfort zone – but business owners are engaged with us when the conversation is about finance for their company:
- To resolve a problem that is eating away at them.
- To buy the property they have been paying rent to a landlord for the last 5 years for.
- To find a lender because their bank of 10+ years has just declined them..
- To get funding for more operating space because orders have gone through the roof.
- To lease extra cars because they know if they could get more salespeople in front of customers then the product would actually sell itself.
People that we talk to are some of the most passionate and engaged that we have ever worked with, because it matters so much to them – they live and breathe their companies.
We can’t help but be inspired by that to provide the best solution that is available to them.
We can’t make your company profitable, increase your turnover, raise your credit score or double the deposit that you have in the bank – but if the market sees you as viable for finance then we will achieve the best outcome for you.
How do you want to get funded?
Mark Grant, June 2021.
firstname.lastname@example.org / 01636 614 014