Your potential business finance solutions...

Asset-based finance

A collective term used to describe invoice finance (IF), and asset-based lending (ABL). Invoice finance includes factoring, invoice discounting and supply chain finance.

Asset-based lending is provided on a similar basis to invoice finance, with funding extended against debts.
Factoring is used by smaller SME businesses to support cash flow by generating money against unpaid invoices.
Invoice discounting is similar to factoring, but can be more appealing to larger businesses.
Supply chain finance, sometimes called reverse factoring, is where smaller suppliers can take advantage of the credit strength of larger customers.

Debt option

Business bank loan

A business bank loan works in the same way as a personal loan, but is specifically intended for business purposes.

Traditionally businesses have looked first to their own bank for a loan, but there are now many providers.
Loans are better suited to larger longer-term purchases, such as investment in plant, technology or transport.

Debt option

Export or trade finance

There are a number of finance options to support the purchase of goods and to mitigate risks of producing good for export.

Both export and trade finance can include other types of finance – in particular, asset-based finance techniques,
Export finance helps businesses sell goods and services overseas, typically by providing advance or guaranteed payment.
Export finance tools include bonds, guarantees and letters of credits
Trade finance is support that helps companies to trade either domestically or internationally.

Debt option

Overdraft

Overdrafts on bank accounts are often what a business uses to help day-to-day short-term requirements.

A revolving credit facility and is only available from your bank.
Overdrafts can be subject to arrangement fees.
Interest charged is typically a margin above the base rate.
Often used to help manage cash flow on a day-to-day basis.

Debt option