No Minimum Base Rate or Libor Rate & 28 Days Notice Of Termination If Unhappy With Invoice Finance
We regularly meet with the various providers of invoice finance that we deal with and in a recent meeting we were asked by a particular provider how they measured up against the rest of their competitors. We gave them some feedback regarding cost and termination periods and they immediately responded by launching a couple of offers exclusively for our clients.
No Minimum Base Rate or Libor Rate
They are prepared to offer a discount charge (similar to interest) with no minimum base rate or LIBOR rate so that our clients will benefit from the current low lending rates that are available.
28 Days Notice Of Termination
The also addressed the issue of businesses wanting to try a facility whilst still being able terminate with very little notice. To do this they agreed another exclusive offer for our clients of a short notice period whereby they will allow them to leave the arrangement by giving just 28 days notice of termination during the first 6 months of operation of the facility.
These are examples of the benefits of dealing with a market leading broker as the invoice finance companies are prepapred to provide offers to our clients that would not be otherwise available.
For more details on these offer please contact us.
Posted: 4th of November 2010
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