A LIST of key questions designed to help distinguish trustworthy brokers from those best avoided has been put together by finance provider Network.How long have you been trading as a broker?
How many employees do you have?
What experience do your owners have?
What marketing activity do you undertake?
Do you operate from business property?
Are you BVRLA-accredited?
Christophe Desplace, director of Network, which works with 145 brokers around the UK, said: ‘The broker industry provides a vital service for thousands of SMEs, providing a flexible, personal solution for the UK’s smaller fleets.
‘With such a fragmented industry, maintaining standards across the board has traditionally been a struggle. We’ve developed these points to help companies ask the right questions from the outset – questions we ask ourselves as part of the vetting process for any new broker.
‘Many companies may be tempted to allow cost considerations to dominate when choosing a broker, but it’s important to ensure you’re dealing with someone who will still be there in five years’ time.’
Questions to ask brokers
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