Corporate finance
Business loans
Unsecured loan to help your business expand
Loan size: £1,000 to £1M
Loan term: 6 month to 5 years
Rates: From 3% per year
Credit history: All credit history considered
Asset finance
Finance to help purchase new equipment or refinance equipment already owned
Loan size: £1,000 to £10M
Loan term: 6 month to 10 years
Rates: POA
Credit history: All credit history considered
Invoice finance
Funding to help outstanding invoices. Take a look at our case study examples below.
Loan size: Up to £500,000
Loan term: Up to 1 years
Rates: POA
Credit history: All credit history considered
Invoice Finance: Case Study Examples
Invoice Financing for a Manufacturer
You’re a manufacturer and you get paid via invoices. You have an outstanding invoice of £100,000 that is payable in 60 days. However, you need the cash sooner to purchase equipment and pay salaries.
You are looking to raise £50,000 which is 50% of the total invoice amount. The lender gives you a cash advance on the accounts receivable. When the customer pays the invoice, the lender will give you the remaining £50,000 of the total invoice amount minus their fees and charges.
Invoice Factoring for a Construction Firm
You’re a small construction company with £240,000 worth of outstanding invoices that are affecting your cash flow. You need the money as soon as possible and so you sell your accounts receivable to a factoring company at a discounted rate of 90%.
The factoring company now owns the debt and takes responsibility for chasing payment from the customers. While you didn’t receive 100% of the accounts receivable, you no longer need to worry about chasing outstanding invoices or your cash flow.