We want to build strong relationships with advisors who know the business community inside-out. Our relationship with our introducers is key to achieving the best results for the companies we fund.
Good communication is at the heart of everything we do. We are transparent about our pricing, we explain our decisions and we update advisors regularly after businesses have been introduced.
“We take a whole-market view of alternative finance and our ongoing alliance with Growth Lending provides an excellent opportunity to find the best possible funding options for our clients”
Richard Mason, director, Ricosta Capital
Yes. We pay a commission for each company introduced to us that we fund. Our fees are set out below. Please note that all commissions are paid monthly, in arrears, for the lifetime of the client’s facility.
|Flexible invoice discounting||20% of “actual” service fee income||20% of the first year’s minimum service fee|
|Revolving credit facilities||20% of “actual” service fee income||20% of the first year’s minimum service fee|
|Selective invoice finance||10% of fee income||£1,000 if the first transaction is above £50,000|
|Supplier finance||10% of fee income||—|
Yes. We value the experience of our advisors, who have strong links to their local business communities. Their knowledge enables us to offer alternative funding options to fast-growing firms that are ready to take the next step. We are happy to work regularly with advisors who want to build a long-term relationship with us.
Communication is key. We are transparent about the pricing of our products and about our work with introducers; we make swift decisions and explain our rationale; and we provide regular updates on the progress of each prospect after a business has been introduced. Our relationship with our advisors is key to achieving the best results for the companies we fund.
We have a greater credit appetite than many banks and can often provide funding where traditional lenders cannot. We offer alternative facilities that give businesses a wider range of financing options, and each of these – revolving credit facilities, selective invoice finance and flexible invoice discounting – can be tailored to suit a company’s needs.