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Oh dear…

Someone I know quite well happened across a very big invoice finance lead for a £4m facility. Very nice and the sort of prospect we would all love to manage

It was passed to one of the large banks who duly completed the deal. Perhaps without too much scutiny from the “introducer”

Naturally on such a deal the monthly commission would be quire substantial and it might continue for some years. All well and good

However when contacted the bank stated that the introducer was “not registered as a broker with them” and thats that.

No commission

 

 

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