Finance & Banking

Below are some of the various steams of finance available to business.

We have a dedicated and specialist team to assist with your Finance and Banking requirements and so do feel free to contact us to discuss your specific needs.

Invoice Finance

Delays in invoices being paid is one of the leading causes of financial stress for businesses of all sizes. Invoice finance is designed to alleviate this cashflow pressure by allowing you to continue business-as-usual, despite waiting on due invoices.

Invoice finance is often a great option for businesses that sell products or services to other business, those who invoice for delivered goods or completed services, and those whose business has an annual projected turnover of greater than £100,000. New start businesses are also eligible.

We can guide you on the best course of action if unpaid invoices are a cause of cashflow stagnation within your business.

Services Include

• Releasing a percentage of your owed invoice within 24 hours of invoicing.
• Protecting and managing your credit control and sale ledger.
• Offering Bad Debt Protection to protect you against customer insolvency.

Asset Finance

Asset finance is a facility that gives you access to purchase business assets such as vehicles, machinery and equipment or allows you to raise cash from the value in assets you already own – preventing any compromise in cashflow.

Whether you’re seeking brand new equipment, second hand equipment or extra cash to reinvest elsewhere in your business, asset finance could be a beneficial option.

Asset finance is a great option for SME’s who are looking to invest in their business, but do not necessarily have the available capital. By growing your business and the services you offer, you can generate further working capital and continue to expand.

We Can Assist You With:

• Equipment leasing
• Hire purchase
• Finance leases
• Operating leases
• Asset refinance

Loans

There is a huge choice of loans available to businesses, and they can help any business to meet their commitments when additional funding is required.

The loan is a simple way for a business to borrow money, with clear terms and repayment schedule from the outset. There is the option of taking a loan secured or unsecured, and the amount made available to you and the rate that you will pay will then vary accordingly.

There are also facilities available that can be put in place, but not drawn down, and can be an ideal solution for those times when you have to deal with unexpected circumstances.

Things To Consider:

• The loan can be for anything; to pay for equipment, to pay wages, to consolidate existing debt, invest in commercial property, invest in a new venture.
• The loan amount available will depend on the ability of your business to repay and security offered
• Most loan providers require a trading history and a set of filed accounts for you to be considered
• There are also some loan products available to new start businesses

Our specialist finance and banking team is on hand to assist you with any financial matter. Simply contact us to find out more.