New Business

 nullNew Business As a new business, getting the funding to get your venture off the ground can sometimes be difficult. Your expectations about the growth of your business might not match your lender's outlook, thus impeding your potential growth.

 Our SolutionsGE Invoice Finance  allows you to fund against your increasing sales, which means you can access cash owed by your customers almost immediately. We will advance up to 90% of the invoice value, usually within 24 hours, and the remaining balance is paid when your customer pays.
 
For example, A Bristol based telecoms provider has been in business for 2 years. However, the company was finding it difficult to grow after its second successful year of trading. Although sales were good, at £1.3m, the company was struggling to grow at the pace pace of the orders, because they were unable to solve the cash-flow gap, thus preventing them from buying in the materials required to fulfill the new orders.

With a GE Invoice Discounting facility in place, the company were able to immediately unlock the capital tied up with the invoices by not having to wait for payment. Thus, they are able to focus on the more important aspects of growing the business as set in the past 2 years, without being impeded by cash-flow problems.

We can help New Businesses in a number of ways:

Release funds tied up in unpaid invoices

Invoice Finance

Credit Protection

Release funds tied up in existing plant and machinery

Asset Based Lending

Funding overseas of stock and raw materials purchases 

Trade Finance

For more details on one of our  recommended products for your business need, call us now on 0800 85 86 87.

Contact Us

Speak to a finance specialist, call 0800 85 86 87.

 

 

 

 

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