Every business is unique, therefore finding the perfect business finance solution is not about adopting routine practices, but finding the right fit for the requirement of any particular business. This is where an independent business finance specialist comes in. Such have been trained to look at your business in terms of the big picture, and since they are not agents of any bank or financier, their only task is to ensure that your business succeeds and operates at maximum efficacy.
When you look to a financial advisor affiliated to a lending institution, you always run the risk of getting caught in the conflict between what is in your best interests and what is in the employer’s best interest. Independent business finance consultants will not have this conflict of interest. Their main objective is to assess your business if existing, or business plan for potential business owners, through a range of business analysis tools in order to determine whether any improvements can be made to them in order to maximize you cash flow.
When you have business financing needs, business finance Singapore specialists will consider the following:
Is the business in a position to fund itself? In such cases there will be no need to place assets belonging to the directors as security against a business loan.
Will your business be better served through any means other than an overdraft? This will involve consideration of such financial sources as debtor finance, credit insurance, commercial leasing or trade finance among others.
Are there any areas in your credit and cash flow management that can be improved?
Whatever the source of business financing that need be applied, an independent business finance specialist will help you find the market’s most suitable, cost-effective and competitive financing solution which will flex to fit your specific financial requirements at the time. From such specialists, you are guaranteed:
Expert advice gathered over years of market observation and analysis, professional training and from providing solutions to a vast array of clients’ challenges.
Independence – you will not have to depend on your local bank, or a bank as your only source of financing. There are many options open out there, and you can explore these together to come up with fitting solutions.
Cost-effective solutions such as government grants, which Singapore currently has a lot of, and are applicable to almost every business in some way.
Solutions customized to your specific circumstances. You get personalized care and solutions tailored to your needs.
Streamlined service processing, as you will be dealing with seasoned personnel who know all that you require and will help you put them together to save time spent in-process.
Through effective credit management practices, additional funding and grant application services as well as knowledge on tax incentives among others, you can be assisted to get the cash-flow of your business higher than it has been and receive advice on maintaining it at the highest levels possible. This will be accomplished though curbing money-wasters, such as penalties from late payments to debtors, proper risk assessment knowledge and practices, raising working capital through business financing solutions and flexible funding sources to suit your business needs.
The advantage of an independent business finance specialist is that he transcends any single financial entity, to observe and make use of the entire financial marketplace as an entity. You get to benefit from the partnerships fostered with various stakeholders in the market, so that whatever solution is best suited to your needs, it will be provided easier because of your partnership with them.
