Helping Businesses in Ireland negotiate lending rates and banking facilities
 
 

Banking Costs in Focus

 
Business people generally accept that while they tend to scrutinise many business costs, one area they frequently overlook is the costs and related structures of their Banking facilities. Many are often too preoccupied running their core businesses to take time out to analyse complex charging structures that even many banking experts and banks cannot unravel.

Others however do not look upon banking as an input cost but rather accept it as a given overhead, which is barely visible, but in many cases subsequently found to be excessive.

  • As Banking Experts, We focus on:
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  • Interest Charges on loans and mortgages, quantification of unjustified surcharges
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  • Discretionary Fees applicable to client accounts
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  • Risk Status of clients vis-à-vis financial profile and collateral, and how these relate to lending rate structures
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  • Development of Strategies to Optimise Account Groupings, Offsets, Credit Card Merchant Tariff rates and Management Fee Structures
  • Industries We've Engaged:
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  • Many businesses have derived major benefits from our expertise including
  •  - Motor Dealers
  • - Solicitors Practices
  • - Wholesale Distributors & Importers
  • - Retail Outlet chains
  • - Hotel chains
  • - Printing businesses
  • - Import/ Export Companies
 Bank Accountability
The Problem
In Ireland, we live in a time where banking culture is less prone to accountability and more amenable to very lucrative arrangements... for the Bank .

Banking Costs and ChargesThe Solution
The Bottom Line helps to put clients in control of banking-related costs. Throughout the course of our project engagements, we've been successful at:

(A) identifying under-utilised negotiation capacity in Clients' Banking- related charges negotiations, and

(B) advising Clients that are found to be subjected to unjustifiably penal interest, or uncompetitive Account Management Fee Charging regimes

best business banking practice Fair & Competitive
We have an uncompromising commitment to ensuring that client arrangements are on a balanced commercial footing i.e. competitive, fair and applied on the basis agreed. In helping to achieve this we utilise a number of Computerised Models, which we have developed over the previous twelve years.