Working capital finance

Working capital changes with every month and each new project. There are multiple options to meet your evolving Working Capital needs, talk to us, let us do the research and create proposals that help you make the right choice.

Working Capital Finance

The banking crisis of 2008/9 brought about fundamental changes in working capital facilities available to companies. New entrants into the finance market have provided a revolution in working capital finance, challenging the banks in their traditional market. Banking regulators have given recognition to many new banks and lenders creating more choices than before, but which facility is best for you?

Overdraft

Do you need a simple overdraft with a fixed limit, or is greater flexibility required? What security will the bank want? After changes in the law on the banks ‘preferred creditor’ status, banks are reluctant to grant large overdraft limits. What other choices do you have?

Invoice Discounting

A facility linked to your sales invoices. As your sales grow, so does your available cash. The lender has your Debtors as their prime security but you retain control for the collection of debts. In the right circumstances, it’s a great facility

Factoring

An enhanced version of Invoice Discounting also linked to your sales invoices. As your sales grow, so does your available cash. The lender has your Debtors as their prime security but they also offer credit control and assume responsibility for the collection of debts. Choosing the right Factor company is key. The decision is not primarily about headline price, it’s about the quality of their service. If your focus is on selling, marketing and growth then this could be the right facility for you.

Trade Finance including Stock Finance

Are you able to fund your foreign sales & imports on the right terms and in appropriate currencies? Does your bank or lender have expertise in Letters of Credit and Bills of Exchange and can you talk to them? If not, you need the assistance we can provide.

Working capital finance