TYPES OF FINANCE
Invoice Factoring / Invoice Discounting.
Bank Loans & Overdrafts.
Crowd Funding Lenders.
Hire Purchase & Leasing.
If your business is struggling with cash flow problems, there are a number of business finance options available to you which could alleviate pressure, provide much needed capital and prevent your company from having to go through formal insolvency procedures.
We do not recommend that you should borrow in order to pay company debts; but sometimes, in the right circumstances, borrowing can help to ease cash flow problems and facilitate future expansion. It is important to get the impartial and expert advice of an insolvency practitioner before making any decisions about business finance.
If lengthy payment terms are preventing your company from getting the cash it needs quickly, invoice factoring can improve cash flow by providing a faster way of getting paid. Typically, invoice factoring involves your company selling its invoices to a third party factoring company. The factoring company will pay your company a large percentage of the invoice up front (usually 60%-80%). Your customer then pays the factoring company according to their usual payment terms. Once the customer has paid their invoice, your company receives the rest of the invoice payment from the factoring company, minus their fee.
We have contacts at a range of high street lenders and specialist commercial banks that understand how businesses are funded.
A new type of loan that spreads the risk over many investors, but you only borrow from a controlling source.
This allows you to unlock cash that is tied up in an existing asset. The capital is raised by using a key piece of equipment as security for a loan.
This is a well-established way of paying for necessary plant and large equipment that a business needs. Rather than paying for assets in one large payment, a company can pay for the equipment in instalments over a period of time.
Investor capital can be used to expand your business and take your company to the next level. This often comes with experienced commercial advisors that can assist you with your company’s growth.