Bank Facilities Review

Using our extensive experience of the commercial banking industry, Monahans can now offer a Bank Facility Review Service where we will independently assess your current banking package and compare providers.

All businesses rely on support from their bank, but everyone has slightly different needs and therefore you may not be receiving the best deal for you. We will take an in-depth review of your financial arrangements and ensure they best meet your business needs. In particular we will:

- ensure you are not being penalised for any seasonal variation in requirements
- ensure your overdraft facilities provide the right level of flexibility for you
- check if consolidation of overdraft to a term loan would reduce your costs
- consider appropriate alternative finance options such as raising cash against invoices and/or assets
- generally review your banking costs to ensure you are enjoying the best deal possible

We will be able to help your business achieve it’s funding requirements in this difficult climate; from initial planning and forecasting to structuring and presenting a business plan in a way that will give a bank confidence in your business proposition.

We will work with your existing provider and through an in-depth working knowledge of the different banks will, if appropriate, help you find an alternative, negotiate the right package and effect a personal introduction to help smooth the transition.

So whether you need a bank that will provide a service at a lower cost, will provide you with the overdraft facility your business needs or will provide you with a loan to purchase new equipment, Monahans are now ideally positioned to help you.

The initial review will only take about 30 minutes and could provide significant savings so contact us via this link for more information.

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