Terms of Business

General

Jay City Finance Ltd is a credit broker and not a lender. Our aim is to introduce you to a funder from our approved panel, who are able to provide a finance facility which meets your current business requirements.

Who are we

We are not an independent financial adviser. We may discuss suitable products with you, subject to your current business circumstances and requirements. You are not obliged to take on the products we discuss and you should consider investigating other options before deciding whether to enter into a finance agreement.

Our offering

We offer a range of commercial finance products. We will work with you to understand your finance requirements and source from our funding panel a solution to meet your needs.

Payment for our services

You will not be charged for our services. However, Jay City Finance Limited are paid an amount of commission by members of their funding panel upon the successful activation of a financial agreement.

Next steps following your acceptance of the proposed sought facility

We agree to submit Lending Proposals to Lenders on your behalf, with the goal of obtaining an offer of finance for you. These are our Brokerage Services. When the preferred option has been agreed by a member of our funding panel, we will provide you with confirmation, in writing, about the approved Finance Offer, to ensure you understand your responsibilities and commitments before proceeding.

Jay City Finance Ltd relies on you to make us aware of any current circumstances (including without limitation any claims, undisclosed liabilities, litigation, arbitration, court proceedings or investigations which are current, threatened, pending or otherwise reasonably likely to occur against you by any third party) which could or might result in a material adverse change in your financial condition, business or affairs elsewhere.