Is your loan facility with the bank coming up for renewal? Well, it may be time to renegotiate pricing or terms in your favour.
When was the last time you renegotiated your loan facility? Like all products and services you utilise there comes a time for it to be reviewed to see if you can get a better deal.
At Lexington we work with you to negotiate an improved loan terms with your bank. Our level of involvement is up to you. We can give an initial review through to undertaking the full negotiation with the bank on your behalf.
Before you start to incur costs by appointing us, we will give you a free appraisal of the terms of your facility and what outcomes we believe can potentially be negotiated with the bank. If your facilities are competitive in the market we will also tell you this upfront.
If negotiations fail with your existing bank then it may be time to test the market.
