Other sections in this guide:
Who should I choose for my block funding facility?
*Please note though that this is not intended to be an exhaustive list of the issues to be considered nor is it meant to constitute any form of advice to you. As far as we are able, we exclude all liability for any reliance you or any other party may place on the information and you should seek any specific advice that you feel is necessary to help you make an informed decision.*
Once you have considered or completed the actions outlined in the initial bit of the guide, the next step is to consider which Block Discounting provider to use. With a vast range of block discounting products on the market, you might be thinking ‘who’s the right provider for me?’
Do your research
Complete a search to see which Block Funders are in the market. It’s also a good idea to speak to your industry contacts to see if they have any recommendations – hearing direct experiences is always more meaningful!
Speak to funders
Get in contact with funders directly to see what they can offer you. You may be able to tell whether a Block Discounting provider is for you from initial conversations.
Consider all aspects of the product offering
It may be appealing to make your decision based on rates but it’s often useful to look at other aspects such as service, knowledge and experience.
About Novuna Business Finance
Novuna Business Finance have supported brokers who have ventured into the world of Block for over 40 years. We understand block discounting is a huge step for any business and we’re happy to work with introducers who are new to the funding market (we all have to start somewhere)!
Your account will be managed by one of our experienced Account Managers (subject to credit approval) and our small team of block auditors who you will have access to talk to.
