Reservoir Finance is an independent commercial brokerage dedicated to providing business with the best funding options across a wide market of lenders. Whether the finance requirement is straight forward and purely based on cost or more unusual and complex needing a specialist lender prepared to be flexible and who truly understands the diversity of business circumstance.
We are a member of the National Association of Commercial Finance Brokers (NACFB) which is a trade association that was established in 1992 to promote best practice within the commercial finance market.
When using our services, you can be reassured that we operate to a strict Code of Practice and have been vetted before being accepted as a member. The NACFB have established a complaints and disciplinary procedure, designed to eliminate unacceptable working practices amongst its members.
We are also authorised and regulated by the Financial Conduct Authority (FRN 742264) so you can be sure you are dealing with accountable professionals.
We specialise in arranging commercial finance for SMEs and Entrepreneurs. Whatever industry you are in and whatever type of business finance you are looking for, we can point you in the right direction. We do as much of the work as possible so that you can get on with running your business.
Obtaining finance can be a complicated matter and using a broker who has the expertise and access to numerous lenders, some of whom you may never have heard about, means that you can be assured you are getting the best advice for you and your business. We will always recommend the best solution for you, even if that means staying with your current lender.
"Time is of the Essence!” We understand speed is often a priority and one of the biggest complaints businesses have against lenders is the time it takes to get a response to borrowing requests let alone having the funds available to draw down from. We will quickly establish the criteria lenders require, gather that information from you and present it in a format to best get the ball rolling quickly.
A Decision in Principal (DIP) can often be obtained within hours as many of our lenders have in-house underwriters who can access their liability once we have given them the facts needed. This leaves you in a position to consider your option and grasp that opportunity quickly if required.
You will get straight answers without the jargon and a clear understanding of the options best suited to your needs. We will not ask you for any money up front. If a fee is charged you will be advised in writing before we proceed.
The issue of finding suitable funding is often not about the availability of funds but about awareness and access. Many SME lenders are specialists that don’t have a high street presence, so it’s difficult and time consuming for small businesses to track them down.
There are a wide range of lenders out there who are ready and willing to lend. You just have to know where to find them and that’s where we can help. We have access to over 100 lending institutes, some of whom are only available via a broker and we keep up to date with the new lenders and products entering the market on a regular basis.
“Computer says NO!” We have all heard it and its more truth than fiction for many of the large recognised banks because they can only provide “off the shelf” financial products with a very narrow criteria tolerance. They simply can’t lend to business that don’t meet their exact borrowing profile even if they wanted to.
However, our lenders have a wealth of commercial experience, deal with people on a personal basis and are pragmatic in their decisions. They are often willing to take a view on unusual proposals or security even if the business has experienced past problems and move swiftly to provide what’s needed.
We have strong working relationships with our lenders, which mean we fully understand their lending criteria and policies, so whatever challenge your business faces, we can help you find a range of flexible business finance that could give you that much-needed help.