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Reap the Benefits of Reciprocal Business
29/09/09  We like to be regarded as an enhancement to the services offered by accountants, IFAs, solicitors and banking practices. Our short term finance solutions are utilised in situations where your clients need to raise funds quickly and easily. We have established funding lines and a strong appetite to lend on the right deals, and we remain focused on the core values of clarity, transparency and speed upon which we have built our reputation. Apart from the obvious benefit to your clients of having access to the capital they need, introducing business to Bridging Finance Limited allows representatives of different sectors to benefit in different ways: Banks We complement traditional banking services by offering short term facilities that give banks time to structure out a long term loan. We have seen banks court new business by allowing Bridging Finance Limited to undertake the initial facilities. Our service can also assist Banks with client retention during the refinancing process. In turn, we often come across opportunities to refer clients for the arrangement of a long term solution when they exit our facilities. Solicitors We continue to work closely with a wide range of practices and because we always need solicitors to act on our behalf, we instruct firms that have recommended clients to us. We appreciate that many legal professionals and bankers cannot accept fees for referring clients, but our close ties with the sector mean that there are frequently other opportunities to benefit from reciprocal business. Accountants We recognise that it can be difficult for us to refer clients back to accountants, but it does happen. We always stress that the most important factor for an accountant recommending short term funding is the transparency of the offering coupled with the client feeling that this is a real solution for their immediate needs. Some accountants operate referrals through their own financial services arm. This is a great opportunity to generate enhanced fee income for the practice. IFAs We experience occasional opportunities to refer clients to an IFA when we are unable to assist with their specific requirements. We give priority to firms that work alongside us and refer good levels of business. Invoice Discounting Firms We receive introductions where cash flow facilities are required and, whilst a short term facility may solve the client's immediate need for capital, they may require a long term solution too. This may take the form of a structured invoice finance line and again, this would be referred through reciprocation. Experts in Establishing Mutually Beneficial Relationships At Bridging Finance Limited we offer a transparent product that you can cost out clearly with your clients. This is delivered in a market place which is often perceived as unclear or expensive. We have developed excellent methods to reciprocate business to firms that have referred clients to us for short term funding, providing a professional service that consistently maintains the high standards you would expect in your own firm. "WE HAVE DEVELOPED EXCELLENT METHODS TO RECIPROCATE BUSINESS TO FIRMS THAT HAVE REFERRED CLIENTS TO US FOR SHORT TERM FUNDING" Call us now on 0845 337 1079 to see how we can work in partnership and reap the rewards of reciprocal business. print page
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