Our business is constantly looking to increase it’s fleet of yellow plant and logistics vehicles to support new client contracts, and as a result, we are always looking to purchase this kit using bank finance. The asset finance market is a minefield, and so we appointed TheCityBroker to handle these negotiations. Within 48 hours we had a term comparison sheet detailing over ten indicative offers from banks and specialist providers. As a board, 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 was introduced to us by a personal friend and fellow business owner when we were looking 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, and whilst we did not take this forward, it was great leverage with our existing bank who matches the improved terms to keep our business. The work TheCityBroker team did for us was excellent, and they will be certainly be involved when out current facility comes up for renewal.
We instructed TheCityBroker to assist us with our ongoing growth strategy. As a business we are continually investing in our people, infrastructure, and partner network.
TheCityBroker have worked with us over the past 18 months to secure the capital we need to achieve our ambitious growth targets.
We could have approached our current bank;however, we chose to use an external corporate finance adviser due to their knowledge and experience of the wider finance market.
Their hands-on commercial approach has enabled us to secure the funding we needed in weeks rather than months. A great service for the UK SME’s.
I met TheCityBroker at a private event and explained my vision for Majornet. Within 24 hours the team were at my offices discussing the funding options available to us in the market. Whilst we are well-known by all the high street banks, TheCityBroker used their relationships with the whole market to structure a development finance facility for a large commercial unit that we are currently building. Throughout the negotiations, we have been supported by the team at all bank meetings and site visits. We’re very active in the property development game and having a the finance negotiations handles by TheCityBroker gives us the freedom to focus on the job at hand.
I was introduced to TheCityBroker to help me negotiate a settlement with a well-known high street bank.
As a result of their historic failings, i was left with no significant debt burden which was subject to legal proceedings. With the help of TheCityBroker and my legal team, we were able to settle this out of court and refinance my property portfolio.
I previously worked with a number of other brokers who charged the earth and failed to come up with the funding required. The CityBroker now handles all of my finances, and I recommend their service to all of my business contracts.