Professional Fee Finance provides an excellent cash-flow solution for KBC Bank Ireland approved accountancy practice's clients only.
Audit fees can be one of the largest expenses for a business and many of your clients may have the need for some means of spreading the total cost over the course of the year. KBC Bank Ireland provides a Professional Fee Finance (PFF) solution which seeks to address this need, by providing finance to pay professional fees and enabling your clients to spread the repayments over the term of the loan. This can be useful for the management of a professional practice's cash flow.
Professional Fee Finance can be offered over 9 & 11 month terms and can cover audit, tax, consultancy and accounting fees.
The benefits of PFF to your clients are:
- Valuable cash flow solution
- Fixed rate for term of loan
- Fast and efficient finance
- Easy to arrange and form is easy to complete
The benefits to you are:
- Practice seen to be providing a finance solution to client
- Practice paid immediately upon approval
- KBC manage the repayments
- Form is easy to complete
- Fast approval turnaround
Lending criteria, terms and conditions apply.
Read our Guide for SME Credit Applications
Consumer Protection Code
Fixed Rate Loan
WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY
Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-sized Enterprises) Regulations 2015
Variable Interest rate
WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE
Fixed Interest Rate
WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU REPAY EARLY, IN FULL OR IN PART, A FIXED RATE CREDIT FACILITY
Interest only period
WARNING: THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD
WARNING: THIS NEW CREDIT FACILITY MAY TAKE LONGER TO REPAY THAN YOUR PREVIOUS CREDIT FACILITIES. YOU MAY PAY MORE THAN IF YOU PAID OVER A SHORTER TERM