TMC Finance would usually begin with an individual consultation to establish exactly what the client is seeking to achieve from a factoring service. At this early stage we can use our market knowledge to assess how realistic your expectations are and also discuss with you any potential problem areas.
Most importantly at this stage we can give you an impartial view regarding any
concerns or questions you may have concerning factoring in general.
It is worth mentioning, that it is particularly important, if you are already
factoring and are looking to change factors for any reason, to discuss fully at
this stage any reasons why you are unhappy with your present provider. whilst
many problems can be resolved by a change of factor, there are certain issues
which can be problematical to most factors and a move to the wrong one could
exacerbate the problem rather than solve it.
Up to date Market knowledge is the key to our service, because of this we
specialise in factoring and related sales linked finance products.
Choice for you is all important and for this reason we will always try to
introduce at least two factors who we feel would suit your needs. In many
cases the contacts we have with the factors are at Director/Senior
management level so any potential stumbling blocks will have been covered
beforehand this reduces the risk of time wasting for both yourself and
our factors.
Helping you understand the quotations will be the final stage of the process
and will be one of the most useful parts for you.
It is true to say that generally most business owners focus on two areas of the
quotation. The service Fee and the percentage of funds to be released.
This simple fact probably accounts for the majority of factor/client disputes, as
the reality is that both of these areas can be severely affected by the detail in
the rest of the quotation.
Our aim is to ensure that you are given a balanced view of
the options available, and where possible to outline the pros and cons of each
individual offer.
More info? enquiries@tmcfinance.com
Buy to let
Up to 75% LTV. max loan per property £1,500,000 Purchase or remortgage.
Commercial Mortgages
Up to 80% LTV terms up to 30 years. Negotiable interest only period. Rates from 1.50% over bank base rate
Bridging Finance
Up to 75% LTV 100% (with additional security) term up to 36 months. Residential or commercial properties accepted as security Rates from 0.95% per month
Development Finance
Up to 65% of land costs and 100% of build costs. Terms up to 24 months Rates from 3% over bank base. Roll up of interest.
Non Status Commercial Mortgages
Up to 70% LTV. Terms up to 30 years. Rates dependent on status.