ADAPTABLE -
Receivable Finance is particularly suitable for asset and service providers. It can enable you to generate a capital lump sum from future fixed revenues within a contract. This type of finance is an extremely flexible method of recouping initial investment costs associated with project implementation. e.g. asset and service providers that have secured 1 to 10 year contracts with corporate and public sector entities within the renewable energy, IT, and telecoms sectors.
Invoice Finance/ Factoring enables a business to draw money against its sales invoices before a client has actually paid. By using monthly unpaid invoices as collateral, a business can borrow a percentage of the invoice value. Once a client has settled the invoice, the funder will deduct their fees and forward the balance.
Cashflow Finance...
These are just some of the Cashflow Finance products we can arrange to help you build your business.
Key benefits:
- Assists with cash reserves during or after project implementation
- Improves business cash flow and budgeting
- Increases sales
- Allows business expansion and acquisition
Key benefits:
- Cost effective way to improve your business cash flow
- Enables management to focus on core activities/ business growth
- Interest is only charged on funds borrowed
- Works similarly to an overdraft
- Confidential options are available, so customers and suppliers are unaware of your funding arrangements
- Can be arranged so that the funder can chase debtors for outstanding payments on your behalf
This type of finance enables you to arrange a funding package to pay suppliers for finished goods against a confirmed purchase order. You can enter into a 1 to 6 month agreement with a funder who will deduct a percentage from the transaction to cover their costs. Trade Finance can facilitate domestic and international sales.
Key benefits:
- Improves cash flow
- Protects your business against the risk of bad debt
- Allows you and your customers to buy stock and pay later
- Enables you to offer flexible credit terms to international clients to maximise export sales
Project Finance is traditionally used by privately owned companies to build projects such as power plants, airports, toll roads, tunnels etc. Lenders assess the viability of the project based on the projected cash flows, and the finance is secured against the project’s assets and revenue producing contracts. Project Finance can be used to fund PPP, PFI, BOT, BOOT and DBFO projects worldwide.
Key benefits:
- Debt financing is treated as off the balance sheet
- Maximises the leverage of the project
- Avoids the negative impact of a project on your company’s credit rating
This enables the professional practice to borrow an amount of money on an unsecured basis. By arranging this type of finance no charge is required over any of the practices other assets or property. The repayment and interest charges are fixed over the duration of the loan. The loan period can be scheduled from 6 months to 5 years. Professional practices that are based in the UK and could be eligible for this funding are:
- Accountants
- Architects
- Barristers
- Chartered Surveyors
- Chiropractors
- Dentists
- Dentists
- Opticians
- Pharmacists
- Physiotherapists
- Solicitors
- Veterinarians
Examples of how versatile an unsecured loan is and how it can be utilised within the practice are as follows:
- IT hardware and software purchases
- Office refurbishment and furniture purchases
- Equipment purchases specific to your business
- Practice acquisition
- Expansion or relocation
- Partner/Director buy-
ins and buy- outs - Indemnity Insurance
- Vehicles
- Income Tax funding
- VAT funding
- Client fee funding
- Equity funding
- Cash flow funding