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BankCare

This service is for businesses that would welcome practical advice or hands on support with their borrowing facilities and their banking relationships.

Difficulties and misunderstandings can arise for any number of reasons. Banks’ internal procedures are hard to understand – and they are always changing! New products are brought in and lending policies or bank personnel change quite regularly. Inexperienced lenders can also be quite problematic.

With our inside knowledge of banking, we are ideally placed to help: we understand how banks work, how they think and we know the right people.

Some practical examples

These examples show how the BankCare service can be used:

  • As a second opinion on any actions taken, or suggestions made, by the bank
  • Negotiating temporary facility increases, when required
  • Monitoring lending conditions and financial covenants to prevent accidental breaches occurring
  • Help with preparing for bank review meetings
  • Attending bank meetings with clients when required
  • Advising on opportunities to negotiate reduced security, or improved borrowing terms
  • Telephone support for dealing with other lending or relationship-based issues
  • Advice and guidance for borrowers experiencing difficulties with their bank

The service is extremely flexible: we can deal with lenders face to face, or provide confidential advice and support - in meetings or over the telephone.

Payments are tailored to suit each client depending on the nature and extent of the advice and support they would like: they can be in fixed monthly amounts, or dealt with on a ‘pay-as-you go’ basis.

The Benefits of BankCare

  • Having someone with commercial lending experience on hand reduces workloads, stress and anxiety
  • We can work confidentially without impairing our ability to add value
  • We can maintain good relationships with lenders by helping to present the right information to them, at the right time, and in the right way
  • Our banking knowledge helps correct misunderstandings or resolves issues quickly before they develop into serious problems
  • In cases of serious difficulty, the intervention of a third party often makes banks more thoughtful and less heavy handed in some of their actions
To find out more either Contact Us, go to Frequently Asked Questions, or visit the Case Studies section.

 

Independent Banking Consultants Limited, 61-63 St. Peter's Street, Bedford, MK40 2PR. Tel: 01234 262620 Fax: 01234 303131 email:enquiries@independentbankers.co.uk
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