Select Business Finance

read moreChris Jones set up Select Business Finance in 2008, after a 22 year career working in commercial finance. Chris previously held senior positions at Barclays, HBOS, RBS and Nationwide, and during his career he has developed expert knowledge of all types of finance available to SME businesses. We believe that business finance should not be considered a commodity. Clearly, price is important, but it has to be viewed in context along with quality of service; flexibility of product; the funder's knowledge of your sector and the overall structure of the facility.

read moreWhether you are an existing business considering making an acquisition, a company owner looking to sell your business, an entrepreneur wishing to invest in a new business, or a management team with your sights set on conducting an MBO from the current business owner, Select Business Finance can help. If you are selling, we can help you to identify potential buyers, and to prepare the business for sale. If you are buying, we can help you to structure your Business Plan and financial forecasts in order to maximise its appeal to potential funders.

read moreIf the answer to any of the above is "No", you should be asking yourself whether you are getting the level of service your business deserves. Contrary to popular belief, changing Banks is not an unduly onerous task. Providing the switch is planned carefully, it can be achieved with minimal impact on your business. Not all Banks are the same. Not all bank managers are the same. Believe it or not, we know Banks and bank managers in the West Midlands and Shropshire who still offer a traditional approach to customer relationships.

read moreThere are a number of specialist lenders who will provide short term finance against property, on both an open and closed bridging basis. Bridging is typically non status, with loans provided purely against the property value, although the lender will want to see interest serviced each month, and to know how and when the loan will be repaid. Traditionally, bridging finance has been used to fund the purchase of a new property before the old property has been sold. The bridging company takes a first charge over the new property and a second charge over the old one, often allowing the full purchase price to be released.

read moreAsset Finance encompasses Hire Purchase and Leasing in their various forms, and enables you to spread the cost of a business asset over a number of years (typically 3 to 5 years). It can be used to fund a wide variety of business assets, from motor vehicles to computers to plant & machinery. Finance is available for the purchase of new or used equipment, and rates can be very competitive but, like any other form of finance, you need to present your application professionally. In order to secure the very best rates for our customers on new asset purchases we are happy to waive our commission, and agree a success fee, payable at completion of the deal.