Does your business pay the lowest rates?
Most of us are pretty ruthless when it comes to ensuring that we pay the lowest rates possible for our personal borrowings.
From credit cards to mortgages, we’re always on the look-out for the best deal, often switching lenders if it means that we can make savings.
Can the same be said of your business borrowings?
Possibly not! Confusion and lack of time often means that many business professionals do not consider refinancing to be a priority. However, research suggests that many businesses could save substantial sums by placing new fund raising out to tender, or refinancing existing arrangements.
Small companies could save between £3,000 and £41,000 a year*
Dean Street can review your position with no obligation and no fee.
What have you got to lose?
* From, “How transparent is the UK Business Banking Market?”, Prof. Francis Chittenden, Professor of Small Business Finance at Manchester Business School (2006)
