Commercial Finance Brokers
Helping you to access the finance solutions your business requires
/ FCA Registered
Reference: 729876
Who Are Mill Wood Finance?
Since 1999 we have been helping businesses to access bespoke borrowing solutions.
Our Ethos:
At Mill Wood Finance, we provide our customers with the professionalism, courtesy and service that is expected in all parts of our everyday lives.
Our Services
We work for our clients and not the banks that we have relationships with. We take the time to understand our customer's financial requirements and situation, before helping to advise and broker financial products best suited to them.
Connecting businesses with lenders
We have been helping UK businesses for over 25 years to access finance solutions that they won’t necessarily be able to find on the high street.
Mill Wood Finance have always prioritised good, honest, straightforward business. By working with us, you’ll have your own commercial finance broker on the end of the phone rather than going in circles round endless call centres.
Lenders trust us our judgement and commitment to sensible, responsible lending. This enviable reputation as a commercial finance broker provides us with premier access to competitive repayment terms and potentially wider affordability multipliers compared to the high street lenders.
If you want to speak to a commercial finance broker who understands business, get in touch.
Our Application Process
Whilst every business and commercial finance application is different, we approach every application with a rugged determination to find you the most suitable financial product for your requirements.
Not every customer who enquires with us knows what finance product they are looking for. Others will know exactly what they are looking for. Wherever you fall on that scale, we’re here to help.
Try to be as specific as possible, especially with the prices. As part of the later process, you will be asked to justify the business case for the financial outlay, so be realistic.
Once you have created a list or plan of what you would like to finance, let's talk! You can either book a discovery call, or give us a ring with the details on our contact page.
This initial meeting is your chance to explain the plans you have for the commercial finance. We will introduce ourselves, and explain the different financing or leasing routes you have available to you.
There is quite a lot of paperwork involved in a commercial loan application. Luckily, our team are well-versed in exactly what you'll need to make sure you are well-prepared and there are no surprises.
You will likely need:
- Details of the directors, including names and addresses
- How long your business has been trading
- Financial and tax returns
- Details of assets available as security (if applicable)
We are trusted by lenders because of the lengths we go to to ensure we satisfy the lender's "Know Your Customer" requirements. Whilst these steps might seem tedious, it is this high-level of trust built up through over 25 years of trading that gives us the access to commercial financing solutions not necessarily on the high street.
The lenders will want to understand the business case for your commercial loan application. This will review why you are requesting the funds, as well as showing that you have the necessary means and intentions to keep up with the repayments.
Over our 25 years of trading, we have honed our craft in writing these business cases. We understand what the lenders are looking for, and how they will be judging your application. This step is where we earn our stripes, and where you benefit from using an expert finance broker such as ourselves.
With your documents in order and a compelling business case, we will submit your commercial finance request on your behalf.
The lender will review your application and let you know whether you are successful with your request. If they are unwilling to provide your full finance requests, they might make you a counter offer. This offer might include a lower amount loaned, different repayment schedule or a higher interest rate.
We will remain at the end of the phone to answer any questions you might have throughout your repayment schedule. Even if you have a basic admin request, like you have changed address and need to let your lender know, we will remain committed to helping your finance experience be as straightforward as possible.
What does a commercial finance broker do?
Commercial finance brokers help businesses to access and to apply for funding, loans and lease solutions. At Mill Wood Finance, we help businesses to submit the most compelling, realistic business case for the finance application possible. This helps to put you in good stead for the application review process.
Are commercial finance brokers regulated?
Our activites as a commercial finance broker are overseen and subject to the oversight of the Financial Conduct Authority. Our reference number is 729876 and we act with full transparency throughout. If you have any questions, just ask!
How much do commercial finance brokers earn?
We provide full disclosure and transparency of any fees or commission we are paid in exchange for introducing you to a lender.
Our commercial finance brokering services come with no hidden or surprise fees; you will be informed at every step of the way if there shall be an associated charge for services provided.
Answering the questions you might have about using a commercial finance broker
We understand that it can be daunting to apply for commercial finance of any kind.
At Mill Wood Finance, we pride ourselves on offering a down-to-earth service. We’re a small company looking to do sensible business with other companies in a similar boat.
We’ve built up an enviable relationship with commercial finance lenders over 25 years of trading. They trust our judgement with applications, and know that we do a thorough job with your application preparation.
Whatever stage of your finance journey, whether you are exploring your options, comparing offers or are ready to put your application in, we’re here to help.