New service aims to set the benchmark

Radar Finance and Leasing has announced a free new service aimed at helping SMEs in the region invest in their business.

The Brailsford-based finance broker has launched ‘Radar East Midlands Benchmarking’ – a complimentary finance quote and price-checking service.

Radar has launched it in response to increasing cashflow pressures on small and medium-sized firms, brought on by recent rate increases and high inflation, which have led to higher financing costs.

The benchmarking service aims to ensure that any finance quote received by a business offers the best value, ensuring that the rates are consistent with the most competitive in the market.

In a statement, Radar said: “For many businesses, even though better times may be on the horizon, a combination of recent rate increases, and high inflation has meant higher financing costs and a hit on cash flow.

“Rates and inflation are coming back down slowly but the impact of the higher costs doesn’t have to slow your growth down.”

The service covers asset finance, such as the purchase of vehicles, soft asset finance for investment in renewable energy, fit-outs, IT and software, invoice finance and commercial mortgages.

Radar said: “Clients will receive a dedicated Radar expert from the outset, depending on their specific needs.

“Even if we confirm that your current quotation is in line with current market rates, our benchmarking service also covers document checking, should you want it, ensuring total peace of mind.”

To find out more call 01335 361402 or e-mail info@radarfinance.com.