An alternative funding option for businesses

Since the issues caused by the financial crisis and subsequent recession, traditional lenders have found it challenging to meet the needs of businesses in the UK. As a result many new and innovative funding options have become readily available, from a variety of new lenders.

Essentially these new funders are backed by individuals, investment companies and large financial institutions, who are looking to provide their investors with a good rate of return on the deposits given to them to invest.

These new funders cover all sectors, including property, cashflow finance and asset finance, aiming  to provide a quick and efficient service to their clients to match their requirements for funding. Whilst all applications are still subject to credit approval, valuation and completion of any required legal process, these new funders often offer more innovative and less restrictive terms. This is making deals happen where the traditional banks are finding it a challenge to provide required lending.

There are a large number of these new funders available and terms vary tremendously, so feel free to call us to discuss the ways in which these types of funding can help you & your business move forward.