Re-Banking and Re-Financing

Working with a proactive and supportive banking partner is vital to ensure that you have the most appropriate bank accounts, systems and facilities in place for your business’ immediate and future requirements.

As business models and strategies change for example, overseas trading or sector diversification, then it is important to ensure that your bank can support your business through these changes. If, for example, your existing bank has no overseas presence or a lack of appetite within a new sector, then a change of bank may be required.

From time to time, banks also amend their credit appetite, pricing and policy, which may result in them no longer being able to support your business, again requiring you to make alternative banking arrangements. You may also choose to review your banking relationship to ensure that you have the most suitable or cost-effective offering within the current marketplace.

Our Commercial Funding team has relationships across the banking spectrum, both high street and alternative, so we can work with you to undertake a full review of your banking requirements. We leverage these relationships and, via a managed tender process, can assist you to identify the most suitable banking partner.