Many firms use overdraft and loan facilities with their own Bank to provide their funding requirements.

This can often be cost effective and competitive rates can often be negotiated. One major disadvantage of overdraft funding is that the finance element of a particular case cannot be individually identified and priced, as the finance is lost in the wider facility.

Despite current market conditions a number of major Banks are aggressively looking for new business and are prepared to offer advantageous terms to secure that business.

Therefore, if you are interested in reviewing your Banking arrangements please contact PCC to discuss your requirements in more detail.