Our Services
What We Do
Factoring
Have you got invoices that are waiting to be paid? Could you use the money now?
We can assist with credit control to increase your working capital.
Factoring can be a cost-effective way of funding your business by providing finance against unpaid invoices, it has helped business all over the UK convert unpaid invoices into money in the bank.
Step 1: Allocate your invoices with supported proof of delivery of goods or services. We use software systems that link with accounting packages to make this step quick and easy.
Step 2: We calculate the amount of money you can gain access to against the value of the invoice including VAT. This is normally done on a percentage basis, for example, 80% of a £230,000 invoice gives you access to £184,000 of capital minus any fees.
Step 3: You can then request the cash, which can be done on a same day basis, sometimes at a premium, and is paid directly into your bank on the same working day.
The factor will pursue the debt on your behalf when it is due which saves you time and helps minimise the risk of unpaid invoices and bad debt. Once the funder receives the money you can access the remaining cash, minus the funder’s fees.
We specialise in creating the perfect factoring package tailored to your specific needs to ensure we increase the benefits of factoring.
Asset Finance
Does your business have tangible assets such machinery and commercial vehicles?
Are you looking for a way to increase your working capital? Could asset finance be the solution? Talk to one of our specialist advisors today to find out.
We provide flexible finance options such as Hire Purchase and Leasing and Refinancing which can allow you to purchase assets to help expand your business. We tailor packages which can work in alignment with factoring and invoice discounting, allowing us to raise money for you at a better rate whilst simplifying the process at the same time.
Trade Finance
Do you need funding to bridge a trade cycle funding gap?
Trade finance is a method of minimising the payment risk of those operating in the trade cycle. It can assist you if you have a confirmation of order for works or if you have goods out for delivery.
Trade Finance can help cash flow between paying suppliers and getting money from buyers. Call our specialist advisors today to receive complimentary, industry leading advice on the finance options most suitable to your business.
Stock Finance
Does your business own any stock?
Stock finance is a method if realising capital using any stock your business has and raising finance against it. This can be finished product or raw materials.
Stock finance is sometimes obtainable on a standalone basis, however, more commonly it forms a section of a structured asset-based lending package.
As your hold of stock increases, providing you have a good system of stock management, the level of stock finance you are eligible for will increase too.
Equity Finance
Do you have a business with potential for massive growth but lack the finance to grow?
Equity investment might be the solution you need.
We understand that it may be a challenging thought to consider giving up equity in the business you worked so hard to build, however, we have extensive knowledge in this field and are in a great position to provide you with the best advice.
We usually help businesses who need between £50,000 and £1million; usually for growth purposes, or to help with working capital issue.
We use a four-step process to determine your eligibility:
Step 1 – Initial meeting: This is to enable to gain a detailed understanding of the proposition
Step 2 – Information: This is conducted on a completely confidential basis where we receive and compose the required information to assess your eligibility.
Step 3 – Assessment: We usually assign a specialist advisor from our team who has detailed knowledge of our investors’ criteria and will match the requirement to the appropriate lender. The advisor will usually lead the transaction.
Step 4 – Feedback: We will monitor developments giving feedback and continuously assess your position based on our investor’s comments and if needed, recommend other potential finance options that are available to you.
Property Finance
Does your business own property or have a property development opportunity?
A commercial mortgage could help release capital tied up in property. We offer refinancing current facilities so you can gain access to funding at attractive rates or to just simply release equity. In some cases, funding decisions are made within 48 hours.
Property development finance cases are evaluated individually as each case needs to measure on its own individual values. To get the most appropriate advice call one of our specialist advisors now.
Bad Debt Protection
How confident are you that your customers will pay on time? Have you ever been affected by bad debt?
Bad Debt Protection may be the solution you need.
Bad Debt Protection can be a flexible way to safeguard your business when customers don’t pay you, it mitigates risks and allows you to carry on trading successfully. Bad debt is often associated with credit insurance, to find our more speak to one of our specialist advisors who can introduce you to recommended FCA brokers.
Specialist Finance
Do you need to raise finance or have a bill that needs paying?
We offer effective and simple solutions with fixed rate 12-month repayment plans. No upfront fees and no early repayment charges.
For example, if a business borrowed £20,000 over 12 months to pay their tax bill, they will uphold their working capital by splitting their payments into more manageable monthly amounts.
For more information, call us today to speak to one of our specialist advisors.
Construction Finance
Where our solutions help you:
Our financial products are very simple and provide a fantastic solution in the following circumstances:
- You would prefer financial options from a provider who understands the construction marketplace, including the associated opportunities and risks.
- Where you have an existing order book that puts your existing capital and cash flow arrangements under pressure.
- You require a flexible financing solution to ensure positive cash flow.
- You don’t want locking in to a traditional invoice factoring arrangement.
- You want clarity of price and a fixed position rather than a variable arrangement.
How our solutions work:
- Our facilities can fund individual contracts and deborts but can look at small ledgers also.
- We cater for deals between £25,000 and £150,000, but we can manage a maximum exposure of £250,000 with prior agreement and review.
- All applications for finance will be reviewed by our experienced QS team.
- We have no tie in period or upfront arrangement fees.
Invoice Discounting
Are you awaiting payment for goods or services that you have already provided?
Our solutions can enable you to access cash without your customers being aware you are financing.
Our invoice discounting solutions helps thousands of business to turn unpaid invoices into cash. Our solutions are 100% confidential and offer an easily accessible process that can support your growth by providing the cash flow to support your growth.
Our process:
Step 1 – You assign your invoices to our systems, which link with market leading accounting packages, making our solutions quick and easy to use.
Step 2 – Our funders calculate the amount of finance you can access against the gross invoice value which is typically calculated on a percentage basis. For example, 80% of a £50,000 gross invoice allows access to £40,00 (less charges).
Step 3 – You request your cash from us, which is often available on a same day basis and is paid directly into your normal business bank account.
Step 4 – You maintain control over your relationship with your customer and still perform your own credit control.
Step 5 – Upon the funder receiving the money owner, you can then access the remaining cash less fees.
Providing your business meets our standard requirements, our solutions are easy to administer and should not restrict your ability to transact day-to-day business. Our solutions are flexible and allow tailoring to enable you to maximise the value offered from invoice discount.
Contact our team today and we can help you mitigate cash-flow issues and support operational delivery to boost your growth.
Loans
We can support you in applying and succeeding in raising capital via loan schemes that are available directly from the government, local authorities, and other bodies to help small businesses that are limited in raising other forms of finance.
Our loan solutions are available for a wide range or purposes and can effectively address the funding gaps than can often result from a lack of capital.
In contracts to a grant, when a loan is provided from the above sources there is likely to be a requirement for the business to offer security and ensure guarantees on the costs associated with the loan.
Optimise
Would your business benefit from improved cash flow, cost saving and increased value for money?
Is your current factoring or invoice discounting facility performing efficiently?
We understand what your funder requires from you. We can monitor changes in your facility and identify, in a monthly report, which areas are working, and which areas aren’t. We also have dedicated advisers on hand to answer any invoice financing related questions.
What are the advantages?
- Improved Cashflow
We can help you address the challenges of low funding; high disapproval rates or retention and poor credit rating of customers. Our advisers have years of industry experience leaving them in a good position to give you the best advice.
- Value for money facility
Not only can we improve your cash flow, we will also advise how to manage your funders expectations. We will also highlight opportunities to increase the availability of finance and suggest how to make your case in the best possible manner.
- Cost savings
Invoice finance is a cost-effective way to fund your business or increase your cash flow. We offer an efficient method that avoids unnecessary charges. We will assist you through the whole process and provide additional support through negotiations if needed.
