Edit Finance

07/10/2022

There is a finance product I have been making a lot of referrals for lately and the feedback so far has been incredible.

It offers your business customers extended trade terms at no risk or expense to you.

B2B “Buy Now, Pay Later”.

Full details in the article below. Please get in touch with me if you'd like to find out more, or to discuss anything else related to business finance.

https://www.editfinance.co.uk/post/b2b-buy-now-pay-later

18/05/2022

I've written a whistle-stop tour of the reasons you might want to review your business borrowing (link to my blog here):
https://www.editfinance.co.uk/post/why-your-business-could-benefit-from-a-free-lending-review

To summarise:
1. Your existing lender might not be giving you their best terms
2. There are new products or reduced rates available
3. Your trading performance has improved
4. There’s been a change to your business model or terms of trade
5. Lender appetite has changed
6. You’ve reduced your leverage
7. A change in the interest rate environment
8. It can be a good negotiation tool with your existing lender
9. To save money
10. To reduce or remove a personal guarantee

Please get in touch with me if you'd like to discuss your business borrowing arrangements.

A large part of my business development activity involves reviewing information on Companies House and cold calling businesses who I think would benefit from a review of their borrowing arrangements. Common objections I hear from business owners on these calls are, “we’re ok where we are thanks....

25/01/2022

I've written here about things you can do, as a business owner, to help get a business lending application approved. None of them involve increasing your profit.

Please call me on 07485 724 024 or email [email protected] if you want to chat about anything business finance related.

During January, I’ve been reflecting on enquiries received and lending applications submitted during the previous year. Comparing enquiries that progressed to completion to those which stalled or resulted in declines; I’ve noted down ten tips to those business owners and property professionals p...

10/09/2021

I've written here about the best mortgage deals on buy to let property and how to find them.

I cover:
- Why mortgage sourcing systems don't always find the best deal
- Portfolio loans for experienced landlords with multiple properties
- Broker fees

Please get in touch with me if you'd like to discuss anything related to property investment finance on 07485 724 024

There are situations where you might not be getting the best deal from your mortgage broker and in this article, I’ll explain why.

18/08/2021

Here is my first blog post. It covers the alternative options when your business has been declined an overdraft or overdraft extension from your bank

Cash flow is the lifeblood of your business, so when your bank has let you down and you don’t know how you’re going to pay wages and expenses, it can be quite scary. Your business may be perfectly credit-worthy, yet still be rejected for a business overdraft or a business overdraft extension. A ...

17/08/2021

Hello everyone.

I’m Ed Wileman and welcome to my business page, Edit Finance.

***What services do I provide?***

I’m a commercial finance broker, specialising in sourcing and securing the most appropriate, lowest cost lending for businesses and property professionals. The type of products I specialise in, include:
• Cashflow finance
• Business loans
• Commercial mortgages
• Buy to let mortgages
• Bridging loans and development finance
• Asset finance
For a full description, please see my website here: editfinance.co.uk


***How can you help?***

If you have a business finance requirement, please get in touch for a free consultation.

Once we’ve established the most appropriate, cost-effective finance to meet your needs, I engage with lenders on your behalf to negotiate you the most competitive indicative terms.

If you’re happy to proceed with those terms, I can submit an application to the lender on your behalf and manage the process until you receive the funds at completion.

***Who are your typical clients?***

The following is a non-exhaustive list of businesses I can help:
• Businesses who need to finance growth, equipment, or an acquisition
• Businesses who have been declined lending from their bank
• Property investors looking to purchase or refinance a commercial or residential property
• Businesses who are currently renting but would like to buy their own property to trade from
• Businesses with a short-term cash flow issue, perhaps needing to release cash from unpaid invoices
• Property developers and builders wanting finance on a new development or renovation project
• Portfolio landlords looking to consolidate their existing mortgages into one low-cost portfolio loan
• Businesses who want to sense-check their current arrangements to make sure they’re not overpaying on their lending facilities

Look out for my blog articles which I’m going to publish in the coming weeks which will look at the likely type and cost of lending in some of the above situations.

***What makes you qualified to provide this service?***

I have years of experience in financial services, starting on the Commercial Graduate Programme at HSBC before working as an Assistant Relationship Director within Corporate Banking at RBS. More recently, I worked at White Rose Finance, providing case management support to their Brokerplan network, getting first-hand experience of placing and packaging finance applications to commercial lenders.

Now I’ve set up my own business. I’m a franchisee of Synergy Commercial Finance Ltd, a large network of experienced commercial finance brokers, giving me a support network and access to lender deals not always available to the general public. I’m an Appointed Representative of AFS Compliance Ltd, which is Authorised and Regulated by the Financial Conduct Authority, firm number 625035. They help me with back office and compliance support.

***What lenders can you introduce me to?***

We have relationships with a vast panel of lenders, ranging from the high street banks to tier three lenders you’ll probably never have heard of. I’ll always look to place your business with the most appropriate, lowest cost lender to meet your needs.

***Do you broker residential mortgages?***

The services I provide are for business use only, so I don’t specialise in mortgages on personal private residences (although I can introduce you to someone that does). I do however have access to the lowest rates on buy to let property for portfolio landlords and properties held within a limited company.

***Do you charge a fee for your services?***

I don’t charge a fee for arranging cash flow finance or a business loan (I receive commission from the lender only). A broker fee may be payable on property deals and this will be agreed with you before an application is submitted.

***Get in touch***

I’ve listed my office hours as 9am – 5:30pm Monday to Friday, although in all likelihood I’ll spend a fair bit of my evening looking at my phone, so feel free to Whatsapp or Facebook message me outside of those hours and I may respond.

Hope to hear from you soon, to see how I can support your business.