Navigating rising business costs? We can help you stay financially resilient 

With ever increasing business costs like energy bills, NI and national wage, why not let us take a look at a couple of potential cost saving areas within your business to help soften the blow?

Merchant payment fees - for peace of mind we provide a complimentary full review which is proven and is typically saving most of our clients between 20-40% per annum.

The rise of contactless payments, shopping carts online and mobile wallets is transforming how businesses handle transactions. Staying updated with these technologies is very important. It can improve customer experience and operational efficiency and in most cases, reduce your fees. 

Foreign exchange strategy - for peace of mind a complimentary review is available which many of our clients have already benefitted from in terms of better FX rates, no transaction fees along with mitigating risk and a more personable service.

It is important to manage your foreign exchange risk and to consider all of the options available including exchange rates, transaction fees and also the reputation of the provider. For example, one buying option is a forward contract. By using this method to lock in exchange rates for future transactions, this can mitigate risks associated with currency fluctuations. 

We understand that reviewing the likes of your merchant payments or foreign exchange facilities can be a minefield, especially for you to compare ‘like for like’ as there are so many providers that offer so many different rates, fees and contracts, all with different terminology. This often makes it hard for you to decide when might be the right time to review so it is understandable why many businesses often stick with the provider they originally set up with even when they are not always the best fit as time goes on. 

Our Banking & Finance team can help by taking the stress away from you, we have already saved businesses thousands of pounds.

To take advantage of a complimentary review and potentially see how much you could save on either or both of these areas, feel free to contact our Banking & Finance team and they will be able to explain the information required (it’s not a lot!). They’ll then come back to you normally within 48-72 with their findings. If on the rare occasions that there are no savings then you can take comfort from the fact that you are already on good rates/contracts with your current providers so you have nothing to lose.

For further information please contact Martyn Shakespear, Head of Banking & Finance at mshakespear@streetsfc.com or Tina Hayes, Associate Director, Banking & Finance thayes@streetsfc.com.

Streets Financial Consulting Limited is registered in England & Wales under company registration number 02029793 & is authorised and regulated by the UK Financial Conduct Authority reference 116445.