- 20 Apr
A Big Misconception About Some Business Finance Brokers
In our recent survey of 100 SMEs we asked them what they thought was the biggest reason for not using a business finance broker.
100% of respondents said due to "cost".
The irony is that many finance brokerage services, such as ours, cost our clients nothing to use! We make no charges to our client and only receive a small commission from the finance provider if the deal is successful. In most cases that commission is already built into the costings the provider quotes to all clients.
The other compelling argument to use a business finance broker is that if they can find you a deal cheaper than you could find yourself, you will be better off. So if saving costs is important, using a business finance broker could be the best option.