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'It is critical to understand the value of any business partner and ultimately judge this against the price paid and the cost incurred.
A strong relationship is based on strong foundations and mutual profit principles.
There is scarcely anything in the world that someone cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this person’s lawful prey’
John Ruskin
Critic, essayist and reformer (1819-1900)
In simple terms there will a fee to cover the one to one client management service and the expertise of a dedicated relationship manager.
Both Julie Wallington and Ray Nash have significant experience and provide insight into the key elements of cash management and a deep understanding of issues facing business owners in the current climate.
The service fee will range between 2% and 3% of turnover and will reflect the nature of the relationship between Morfactor and you, the client.
The cost of money advanced to the business will be linked to LIBOR, and will operate between 2.5% and 3.5%.
Our additional services will be charged on a transparent basis during the process of how we agree to work together.
What we can promise is that we are unlikely to be the cheapest option. Over a sustained period the focus on simply cutting price through a merry go round has limited the true value that can be enjoyed from working with a Factoring company. Experience and traditional values can rarely be pigeon holed. Further information and a no cost consultation can be obtained by contacting Russell Warner.
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