Credit Funding

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Credit Funding

During uncertain times, our funders are on hand to ensure that your business can still fulfil its needs. Our goal is to help you meet payments within your supply chains so your business can come out of this phase of uncertainty strong and able to carry on as usual. Below is a guide on the different ways credit funding can help you and your business. 

 

Supply Chain Finance

Our funders will pay your suppliers and will give you up to 120 days to repay them. This is an externally funded and unsecured facility between £250,000 – £10,000,000. There are no arrangement fees or non-utilisation fees. It is easy to apply for and straightforward to set up. Our funders will pay suppliers anywhere in the world in their own currency making this an effective Trade Finance facility. 

 

Treasury Management – a solution to increase your Client’s profitability. 

This allows you to pay your suppliers earlier to obtain a discount (completely optional for the suppliers). You can earn circa 9% per annum net return when you use your businesses own money or between 0.5% and 1% per annum even when our funders make the payment on your behalf and you then re-pay our funders when they would have normally paid the supplier.      

On the other hand, you could also use your own funds that would otherwise be placed on deposit, giving you an opportunity to make around 9% net return per annum (as opposed to less than 1% per annum on bank deposits) where cash reserves would be used.   

 

How you can supply funds to your suppliers early

Alternatively, you could earn between 0.5% and 1% per annum each time your suppliers opt-in for early payment, which our funders will fund and then you can pay our funders when the suppliers would normally have been paid at the end of their credit term as usual. This is an externally funded and unsecured facility between £250,000 – £10,000,000.   

 

Foreign Exchange 

Our funders also access highly competitive spot rates and hedging solutions for paying suppliers or converting income received in foreign currency. If you are using your bank then you’re probably not getting competitive rates. We can also provide you with the ability to generate a return on Euro denominated deposits for which your bank will be paying zero. 

For more information on credit funding, contact one of our funding experts today

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