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Independent Banking Advisory Service |
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Business Banking, Small Business Banking, Turnaround & Rescue Small Business owners provide banks with sensitive business financial information trusting that their bank will work with them and hoping that the bank will understand their position and support them. Unfortunately, that doesn't happen.
IBAS is the most experienced organization in this field with almost 20 years 'track record' in Banking cases and resolving Director's Personal Guarantee issues. Our aim is to provide the best professional and personal Banking and Personal Guarantee advice service to protect our members at a low and affordable annual membership. IBAS work with small businesses Sunday Times – Business – How to keep out of trouble with banks – Pressure groups are calling for tougher measures against banks, saying sharp practice, high charges and inflexibility are still hurting small firms. When Chris Vass opened the letter from his bank telling him that a decade after his family business had collapsed. NatWest suggested he sell his home to repay his debt, he says it was like a “hammer – blow”. “The case of the Vass family – shows how easily a bank can enforce a signed agreement,” says Eddy Weatherill from the Independent Banking Advisory Service (IBAS), which helps people who run into trouble with banks. “Never trust the phrase, ‘this is just a formality’, or ‘we can change this later’ when signing a document. Get all the facts on the worst case scenario and don’t be rushed into signing something.” Weatherill says: “Banks do lie and cheat.” - Result on this case? We were able to negotiate a settlement with the bank. Sunday Times Small Business - Banks profit at expense of small firms – The big four have been criticised for taking advantage of inexperienced owner-managers. Eddy Weatherill of Independent Banking Advisory Service (IBAS) says: “Small businesses are an attractive target because they have high security, liquid assets and are here rather than thousands of miles away.” - “Ask yourself just how solvent you are if the bank demands its cash within hours - because nobody is immune,” says Eddy Weatherill
IBAS has been helping business bank customers with their personal guarantees and Director's personal guarantees debt claims and demands since 1992. IBAS has also featured in BBC TV and ITV News items and programmes on UK banking and business banking issues Our business banking archived information and experience gathered from 20 years ‘case work’ for members, provides unique, confidential, professional business banking advice and assistance to our members. Those factors combined without any conflicts of interest means that IBAS can really make a difference for your business in dealing with your bank. Independent Banking Advisory Service (IBAS) is a national, independent, non-profit, unique specialist banking customer membership organization which resolves banking complaints and disputes and which has campaigned on UK Banking customer issues since 1992. We provide bank and banking assessment, analysis, bank comment and content for BBC TV News, ITV, Radio and national newspapers.
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