Supplier payments
Pay suppliers on time, or early where it earns a better price.
Steady funding for the day-to-day.
A defined amount behind the ordinary running of the business, with a repayment profile you can actually budget around.
What businesses actually use it for.
Payroll and staffing
Keep wages covered through a lumpy month or while you take on new staff.
Stock and materials
Buy what upcoming orders need before the income from them arrives.
Operating costs
Rent, utilities, insurance and the other bills that come round regardless.
A clear amount, on terms you can plan around.
These suit a specific, identifiable need rather than an open-ended one. Because the amount and the schedule are locked in at the start, you know exactly what is leaving the account each month. Lenders will want to understand what the money is for and how the business will service it.
- Best suited to a defined funding requirement
- Repayment schedule agreed before drawdown
- Affordability is assessed against trading performance
- Security or a personal guarantee may be requested
All finance is subject to status, lender criteria and affordability. Security or a personal guarantee may be required. Late or missed payments may affect your credit profile and put business or personal assets at risk.
Let's find out what's actually available.
Tell us what you are planning and we will come back with a straight answer. No obligation, no effect on your credit score.