In an ever-changing and overcrowded market, SME funding UK believe that is it important to be on hand to guide its clients through the process of business funding. A relatively young private limited company, SME funding UK is a business finance brokerage that was established in 2016 by Henry Audley-Charles who still plays an active role in the company as the Commercial Director.
With a background of working within the banking industry, with well-known banks such as Lloyds, HSBC and RBS, Henry also has experience in commercial and senior business development roles, as well as being the Regional Sales Director for an invoice finance company.
SME funding UK is based in Willingham, North Cambridge inside Henry’s family home. “SME funding UK Ltd was established to source almost any form of business finance for any UK and channel island business. Encompassing traditional lenders, alternative financiers, fintech solutions and challenger banks along with high levels of customer service, we work ethically and transparently to find the right funding solution for the client.” States Henry.
Henry is the only member of staff, but he also has two Authorised Representatives who work alongside him. These are essentially competitors, but they work cooperatively and can undertake regulated finance transactions as Henry is responsible for their compliance. Additionally, they can share their workload if one becomes too busy – so service standards are maintained for the clients. SME funding UK are general brokers, specialising in working capital solutions, asset finance and property finance. They also provide consultancy services to SMEs to help improve business systems and processes.
“We help SMEs borrow money from the right lender, for the right products, at the right price, for the right reasons.” Mentions Henry.
SME funding UK has an abundance of accreditations to its name which propels them far beyond its competitors. It is authorised and regulated by the Financial Conduct Authority, it is a member of the National Association of Finance Brokers and Financial Intermediary & Broker Association the company is registered with the Information Commissioner’s Office.
Being FCA authorised allows SME funding UK access to better quality lenders resulting in serving its clients with a better deal. In line with the company’s tagline ‘Helping you find the right funding, right now’, SME funding UK prides itself in their ethically sound approach.
“The client’s best interests are always at heart, with us you can count on honest and trustworthy advice, clear communication, precise auditing and sustainable work for every single client. This results in a better outcome for both the lender, the client and for us.” Explains Henry.
Another benefit SME funding UK offer is it works with start-up loans which is government supported for businesses that are less than two years old. This is perfect for any business taking its first steps or has been trading for a while, who is looking to grow. SME funding UK can help their clients through this process. Once the client has passed the credit check, they are allocated a mentor to assist with the rest of the application and on going coaching for 12 months by the Start Up Loans company.
Looking ahead, SME funding UK is looking to delve deeper within the construction industry. Henry mentions, “We want companies to know the vast amount of experience and knowledge SME funding UK can bring. We offer asset finance, working capital solutions, loans, vat/self-assessment/corporation tax funding. We also help with finance towards property development and can cover up to 50% of the land purchase and up to 100% of the build costs. From bridging, buy-to-let, commercial mortgages and property development anything a business might need, SME funding UK can do. We are also building an aviation and marine offering too – both as business assets and executive toys.”
SME funding UK looks to help any business in the most ethical way possible. If a business is unsure of what they need, SME funding UK step in to help them find the right funding.
The effects of COVID-19 temporarily had a negative effect on SME funding UK. Banks were able to offer COVID support loans at better terms than other commercial lenders For ethical reasons, SME funding UK did the right thing, so as the Director, Henry made the decision to put his client’s needs above his own, bringing back the best of old-fashioned banking by redirecting clients to their own bank who were able to offer better solutions for the clients at that time.
Planning for the future, SME funding UK is always on the lookout for new lenders who also act in a sustainable and ethical manner. As the economy begins to improve, new clients are always being sought after and new industries are awaiting exploration. SME funding UK brings incredible experience and pure modesty that is rare to find in this specific industry.
SME funding UK is a rare gem surpassing the norm by helping to reduce the risk while saving time and money for its clients. With the customers best interest entirely at the heart of everything it does, when it comes to money sourcing and finding funding for your business, SME funding UK is a company you can bank on.
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