- 16 Jan
Deal Completed - Working Capital For A New Start Consultancy
It can often be difficult for a new start business to raise working capital. Banks tend to require some form of security in order to offer substantial overdrafts of loans and with a new start up business that is often not available.We were recently able to help a new start up IT consultancy business meet their funding requirements by introducing them to a factoring company that were prepared to...
- 15 Jan
Deal Completed - Switch From Overdraft To Recourse Factoring
We were recently able to help a designer of ladies clothing that was turning over £200,000 finance their working capital requirements. When we spoke to them they had an overdraft from a bank but it was insufficient to fund the growth that they planned for their business.We were able to find the business a recourse factoring deal that would enable the level of funding to grow in line with their...
- 09 Jan
New Confidential Construction Finance Product Launched
Another of our finance partners has entered the construction finance arena and launched a new construction finance product.The product - Confidential Construction Finance - can provide up to 60% funding against a transaction, with the funding available against uncertified applications for payment if required. Our funding partner will fund from £50,000 up to £500,000 which could provide...