Following the recession of the early 1990s there were fundamental changes in facilities available to companies to fund working capital requirements. Many companies sought committed working capital facilities rather than facilities "repayable on demand". New entrants have provided a revolution in working capital finance, challenging the banks in their traditional market. The banking crisis of 2008/9 makes examining the options essential, especially as some banks are withdrawing facilities.   But funding a sound business is still possible on competitive terms

And if you experience rapid expansion, will your existing facility keep up with your sales & stock growth ?
Are you able to fund your foreign sales & imports in appropriate currencies ?
Do you need a simple overdraft with a fixed limit, or is greater flexibility required ?

 

Determining the best method of finance in the current market can be very time consuming, but is still only half the battle. The other half is finding and choosing the right lender, something which is frequently not as obvious as it might seem. Yes, the UK banks are good and we frequently use them, but not in all circumstances. The European and American banks also have much to offer.

Choosing Facilities, currencies - interest rates - repayment terms, flexibility. Let us do the research and proposals and help you make the right choice.

Contact Us     01844 278085