Legal

Commission Disclosure

At Guavas Finance, we’re all about helping your business grow by finding you the right funding solutions. As a commercial finance broker, we connect you with lenders who can make it happen. Following the latest UK rules, we’re laying out exactly how we’re paid when we arrange your finance. Transparency’s our game, and we’re keeping it simple and straight-up.

What We Do

We’re your go-between, matching your business with lenders from our trusted panel. We don’t offer independent financial advice – our job is to find you a cracking deal based on your needs. Part of that deal? We could earn a commission from the lender. This document spells it out so you know where we stand.

How We Get Paid

If you sign up with a lender we introduce, they’ll pay us a commission. Here’s the breakdown:

  • Upfront Commission: A one-off payment based on the total facility you put in place. How this is calculated differs for various financial products. For loan type facilities this could be a percentage of the total loan. For invoice finance this is a percentage of the minimum service fee you are expected to pay in the first 12 months.

  • Ongoing Commission: A regular payment based on your usage of the financial product. For invoice finance this is a percentage of the monthly service fee, which is the greater of:

  • The amount of receivables you assign to the lender each month, or

  • The minimum service fee per month.

These costs are built into what you pay the lender, except for volume bonuses, which come from their broader pot. Before you sign anything, the lender will provide you with a full breakdown of our commissions – percentages and pounds – tailored to your deal.

What It Means for You

Our upfront and recurring commissions come from the lender’s charges, which could increase your total cost. It is our desire to get you the best deal, however, you are welcome to shop around to make sure you’re happy with the proposal. Though we have access to the vast majority of lenders in the market, given that there are hundreds we cannot always explore every single option available. We’re upfront about this because we want you to feel confident in your choice. Because we explore various options for you, lenders know they are in a competitive environment and therefore could provide you with exceptional offers which you might not unlock without our involvement. 

Keeping It Fair

We disclose everything – amounts, methods, the lot – so you’re in control. We don’t claim to be impartial, or to be providing financial advice; we are independent brokers doing our best to find the right options for your business.

Your Say

By engaging with one of our experienced brokers or by submitting our online form, you’re agreeing that:

  • You received this information early on.
  • You understand how our commission works.
  • You’ve weighed up other options.

Got Questions?

We’re here to help. Contact us at info@guavas.co.uk – whenever suits you.