Working Capital Finance : Debtor Finance

Looking for an unsecured loan? 

If you require finance quickly but don’t have an asset to offer as security, an unsecured loan could be for you. Examples of unsecured loans include business term loans, lines of credit and overdrafts. or the below Invoice financing.

Working capital

Trade finance could help you in your business, as it allows you to purchase stock from suppliers and then repay this loan once the stock has sold. If you think trade finance could work for your business. 

Debtor finance or Invoice Financing 

Have you considered debtor finance as an option in your business? Debtor finance allows you to take out a loan against the value of your customers’ outstanding invoices (i.e. borrowing against the invoice you have issued to a customer)

Debtor finance is also used to fund growing companies or those that have short-term operating costs but long collection cycles.  

Cashflow funding

 Cashflow funding is where your future cashflow (i.e. invoices that are yet to be paid) can be used as security to borrow from financiers. Especially useful for businesses that have longer payment terms (3+ months), you’re able to use future revenue to maintain good cash flow.

There will also be taxation advantages that differ depending on the type of financing you go with, but it’s always a good idea to speak with your accountant to make sure this type loan product suits your business.

For more information, call me today to discuss in more detail.