Guide 10 · Trust · 3 min read

How CostQuote works: free comparison, selected partners and your data

A clear explanation of how CostQuote compares business services, how the service is funded, how partners are selected and what happens to user data.

Modern office desk with laptop showing comparison process3 min read
Contents

CostQuote helps UK SMEs compare essential business services such as energy, broadband, phones, insurance and business finance. The idea is simple: choose what you want to compare, answer the questions that matter for that service, and we route your enquiry to the relevant selected partner or supplier panel.

We are not trying to make every category use the same form. Energy and broadband usually need a postcode-first journey. Insurance needs to understand the business activity and cover type. Finance needs to understand the amount, purpose, trading history and basic eligibility information. Better questions create better matches.

Choose the comparison you need

Start with the service you want to review and we will ask for the right details.

Why the service is free for SMEs

CostQuote is free for SMEs to use. We may earn a commission, referral fee or commercial payment from a supplier, broker, lender or comparison partner when you choose to proceed through our site. This is standard in the UK comparison market, but it should be explained clearly.

The important thing is that the payment model should not create confusion for the user. We should explain when a partner may pay us, whether the user pays us directly, and how the user's details are shared.

What happens to your details

When you submit a comparison request, we collect the information needed to route your enquiry. That may include your business name, postcode, contact details and product-specific information such as supplier, renewal date, cover type or funding amount.

We should only share details with the partner or supplier panel relevant to the comparison you choose. We should not send your details to unrelated companies without asking first. The live site should store the consent wording, privacy version, timestamp and selected category so the process is auditable.

How partners are selected

Partners should be selected based on product fit, service quality, compliance position, contact speed, acceptance criteria and reporting capability. For finance and insurance, regulatory status and approval of relevant wording matter. For energy, transparency around broker commission and supplier panel matters. For broadband and phones, availability and serviceability matter.

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What CostQuote is not

  • CostQuote is not a lender.
  • CostQuote is not an insurer.
  • CostQuote does not provide regulated financial advice.
  • CostQuote does not guarantee savings, approval, cover or availability.
  • CostQuote is a trading style of GoConvert Solutions Ltd.

The value of CostQuote is in making comparison easier, cleaner and more transparent. For users, that means less hassle. For partners, it means better-qualified SME enquiries with clearer intent and better data.

Straight answers

FAQs

Yes. CostQuote is free for SMEs. We may earn commission or referral income from selected partners when you proceed through us.

No nonsense comparison

The CostQuote promise

  • No fake countdowns
  • No mystery data selling
  • No guaranteed savings claims
  • No guaranteed finance approval claims
  • No hidden broker waffle
  • A clear explanation of who may contact you

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