Sound financial advice has never been more valuable

UK businesses have and continue to face unprecedented times.  We are seeing the toll that  Covid-19 is taking on some of the big names in the business world with closures and job losses becoming more prevalent.  So, what can the UK’s SME population do to protect their businesses over the coming months to give them the best chance of survival.

At Simple Secure Finance, we believe having the right funding solution in place to cope with turbulent  business environment is critical.  It can feel lonely or overwhelming as business owners walk through the  minefield of challenges that Covid-19 and the return to business in earnest has and will present.  Some business owners find that it is too confusing to understand what support is right for their business and it can paralyse them into not doing anything.  Others will take every support package on offer without thinking through the longer-term implications.

Seeking out, sound financial advice will be one of the most valuable things a business will do during this crisis to ensure they have the right funding solution in place to give their business the confidence it needs to drive forward.

Which is where commercial finance advisors come in.  It’s our business to understand the vast array of funding options available and the increasing number of funders in the market.  Many businesses will resort to the traditional first port of call – their bank – to see what help is available and, in many cases, come away with a funding solution in place.

But without knowing all the options, how can business owners confidently know that they have made the right choice and selected the right partner for their business?

At Simple Secure Finance, our business is to understand the options available and the funders – both traditional and alternative.  By working closely with our clients, we understand how they work and what is important to them.  We can cut through the options and present recommendations based on our experience and expertise.

Making sure the financial solution is right and flexible enough to cope with your business requirement is important.  With alternative options such as invoice finance, trade finance, and bridging finance to name a few it is important to research what option will fulfil your requirements.

As our client Louise Roberts of Aztec Support says “Simple Secure Finance knew our business, what our issues were and what we wanted from a funder.  They presented a few recommendations and it was nerve wrecking as these finance companies were not from the traditional banking names that we all know.  However, we have built up a relationship with Simple Secure Finance over the years and we trust Callan.  He doesn’t recommend people he doesn’t trust and he stands by his recommendations that the funders he puts forward will be the right funder for our business.  It’s not just about a finance facility, it’s about finding a funder who will work with us in the way we like to work”.

Sound advice – it’s a valuable thing.