Factoring improves business cash flow by releasing money against unpaid sales invoices. We can arrange to advance up to 90% of the invoice value within 24 hours after you raised the invoice. The remaining balance is made available when your customer settles the outstanding invoice. The service is especially suited to new starts, growing businesses and those with insufficient security to gain more traditional lending. Flexible credit management is built into the agreement with statements and reminder notices issued to reduce the administrative burden on the business. Assistance with telephone credit control can be provided if required.

Similar to factoring, invoice discounting provides funds to your business by releasing money against unpaid sales invoices. Up to 90% of the invoice value is advanced within 24 hours of an invoice being raised. The remaining balance is made available when your customer settles the outstanding invoice. Unlike factoring, this facility is provided confidentially, so your customers remain unaware of your financing arrangements. We can arrange to release additional funds against stock, plant and machinery, land and buildings. Funding of transactions such as mergers, acquisitions, MBO's and MBI's may well require the additional headroom. Solutions can be tailored to meet specific needs of businesses with sales in excess of £250,000.

Hire purchase and leasing can be used to fund new and used cars, coaches, buses, light commercial and heavy goods vehicles, plant and machinery, fork lift trucks, yellow plant, construction, plant hire, office and computer equipment. Our bankers can fund the capital investment programmes of businesses in markets as diverse as road freight, public transport, construction, plant hire, printing, engineering and business services.

Asset Finance enables companies to obtain funding for the purchase of assets they need to run & grow their businesses successfully. Paying cash outright for capital assets can be a significant drain on your company's working capital. With asset finance you will ease your cash flow through regular payments over an agreed period of time.

Funding is available for new & used cars, coaches, light & heavy commercial vehicles, plant, machinery & office equipment.