Let’s assume you’ve not been living in a remote cave in the Outer Hebrides for the last 40 years. Given that, chances are you’ve heard of life insurance. Furthermore, I’d hazard a guess that you’ve been told at some point that you ‘need’ to take some types of term life insurance out, be it a single or joint life insurance policy. Read More
Suffering a serious illness probably doesn’t hold the top spot on your to-do list. However, in this age of improved medical awareness, it would be naïve to ignore the possibility that you could one day face a troubling diagnosis.
So, you’re self-employed?
Congratulations! You’re part of the 5 million-plus people in the UK who have taken hold of the reins. It’s nice to say “farewell” to the traditional methods of making a living that we’ve all been prescribed.
Great, isn’t it? Read More
Light development deal time!
On the first Monday of the 2019 calendar year, TheCityBroker certified the first deal done for the calendar year. Below are some of the details.
- Amount: £120,000
- Facility Term: 12 Month Interest
- Facility Type: Light Development
- Pricing: 1.5% p/month
- Arrangement Fee: 3%
Need help with light development deals?
Learn how we can help you with all of your finance and insurance-related needs.
For clients in Scotland, England, Wales or Northern Ireland, we can produce asset finance & equity release results from any one of our offices.
That includes our Glasgow office.
Below is just one example of where we came through for one of our clients in Scotland:
- Amount: £106,000
- Facility Term: 48 Months
- Facility Type: Asset Finance/Equity Release
- Pricing: 9.2 APR
Need help with asset finance in Scotland?
We can produce commercial real estate finance results from any one of our offices. Even better: we can get you up to seven figures before lunchtime!
Here’s just one example:
- Amount: £815,000
- Loan Term: 5 years
- Repayment Profile: Interest Only
- Facility Type: Commercial Mortgage
- Pricing: 3M Libor + 4.75%
Need help with commercial real estate finance?
Our business is constantly looking to increase its fleet of yellow plant and logistics vehicles to support new client contracts. As a result, we are always looking to purchase this kit using bank finance. The asset finance solutions market is a minefield; therefore, that’s why we use TheCityBroker to handle these negotiations. Within 48 hours we had a term comparison sheet detailing over 10 indicative offers from banks and specialist providers for better asset finance solutions. As a result, it will easy for us to see which options were best and which bank offered the most attractive terms. On the back of that, we let the team renegotiate our invoice finance facility, too!
TheCityBroker works with us by way of a personal friend and fellow business owner. Earlier, we sought to renegotiate our bank facilities. At the time we were experiencing significant overseas growth and needed to increase working capital lines to fund these new sales. TheCityBroker negotiated a multi-million-pound ABL with another bank. Although we did not take this forward, it was great leverage with our existing bank. As a result, the bank will match the improved terms to keep our business. The work TheCityBroker team offer for us is excellent to increase working capital lines. In summary, TheCityBroker will get a call from us when our current facility comes up for renewal.