Unsecured loans - 

An unsecured loan is also called a personal loan. Like any type of loan it lets you borrow a lump sum of money. You make monthly payments to repay the money plus interest and any fees that the lender charges. Unlike a secured loan, an unsecured loan doesn’t put your home at risk. 

Secured loans

If you own an asset, such as a house or car, secured loans are one way that you may be able to borrow money. They’re a common option for people who need a larger loan,a long loan term (e.g. over five years), or who are having trouble getting approved for a personal loan. But secured loans carry the risk of losing your assets, so it’s important to know the facts before committing to one. 

Asset finance

Asset finance allows a business to acquire business-critical assets, replace aging equipment, or expand current operations without putting additional pressure on cashflow or needing to raise a significant amount of working capital before purchase.

The product works by allowing a business to use assets on its balance sheet as collateral to fund a purchase.

Asset finance is a versatile financial product, variations of which can be used to fund purchases of everything from machines and manufacturing plant to office and IT equipment.
Commission fee from the lender and broker fee paid by the client
With access to a over 35 banks and finance providers, I can offer 3 months to 5 year repayment terms on both unsecured business loans and asset finance for any business purpose including: VAT/tax returns - Cashflow - Significant purchases - Business development - Expansion. Decision times are prompt and for initial contact, I am happy to discuss by phone, via email, or meet with you in person. 

V4B – Meeting Notes

Coenraad / Pete Hollingsworth

Role: Senior Account Manager.

Asset Finance Side of the business has been est for 10 years in Sept. Set up by ex LDF (now Whjte Oak) employees.

18 months ago – a senior member of the team (Director) left which had a huge impact on them, tried to replace in a variety of ways BDM’s etc but not worked out. Various reasons.

They know it isn’t going to be an easy fill and their expectations are high.

They want an experienced and established SAM who can join with ‘a little black book of contacts’ and hit the ground running. They expect them to bring in 70% of the business and the 30% will be topped up by them. They have a new software – excellent tech which allows them to acquire new data to help with sales.

Day to day of the role (the right candidate will know – Pete said) as they will be doing the role now.

Proposal writing

Relationship Management

Calling prospects

Asset management experience is essential – on the loans side more than commercial (unsecured loans).

They are a solutions driven business / above and beyond / relationship building – some clients come back time and again. 3.5 deals per client per year.

Wants a hunter / farmer mentality from their next recruit.

Credentials and proof of their standing in prev employer – what can they bring to the table?

Person spec – broad in terms of their existing team. 22 years – 59 years.

Salary 30k-40k (poss more dep upon the person and what they can bring).

Deals under £25k get 20%

Deals over £25k get 25%

Didn’t give a specific of what value the % is on.

Doesn’t really want a remote person – been burnt with this in the past.

Hybrid def a consideration after integration with the team and a period of establishing themselves so SLT can gauge work output.

Don’t want to micro manage – want someone proactive.

Hours: Mon – Friday 9am – 5.30pm.

Co benefits include great socials – 4 day paid trip to Benidorm recently / summer party coming up, internal events. They tend to tailor to an individual.

X 2 stage interview.

Tele interview / or F2F and then a second stage F2F.

Want to onboard ASAP.

Likely a headhunt scenario – doesn’t want the salary advertised above £30k – could disgruntle the workforce.

Weekly update to them.