Let’s Do Business Group Finance (‘LDBF’), the trading name of Capitalise Business Support is an FCA-regulated lender, credit broker and consumer lender, and a member of The National Association of Commercial Finance Brokers.
‘LDBF’ receives enquiries from people and organisations (‘Clients’) seeking funding in a variety of different ways, i.e. loans, grants, invoice finance, asset finance, equity partners, commercial/personal mortgages etc. On occasions to support the ‘client’, it is necessary to look beyond what funding ‘LDBF’ can normally provide from their own suite of products.
‘LDBF’ maintains relationships with various organisations, for example, brokers, finance companies, banks and other financial providers (‘Institutions’). In some cases, ‘LDBF’ earns fees from ‘institutions’ under credit broking agreements (these can also be called ‘broker’, ‘affiliate’ or ‘commission’ agreements), where an ‘agreement’ is made between the ‘client’ and an ‘institution’ that was facilitated by ‘LDBF’, i.e. where a funding facility is agreed and drawn.
Fees (at an agreed level as set out at the credit brokering agreement) are earned following a successful introduction on behalf of the ‘client’ by ‘LDBF’ to the institution’.
‘LDBF’ wants to make this whole offering transparent for the ‘client’, and the following section will inform the ‘client’ as to how LDBF may earn fees through credit broking introductions or commission agreements.