Assets you can use to secure credit
From real estate and machinery to inventory and unpaid invoices - there is a whole range of assets available to use as security when raising funds.
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Invoice Finance
Helpful ways to release cash for your business
What is Invoice Finance?
Invoice finance is a way to gain quick access to funds by raising them from your existing unpaid invoices.
You decide how to manage debt collection from your customers.
Release cash quickly from your existing assets with Asset Based Lending (minimum £6.5m turnover required)
Make use of Rapid Cash to improve your cashflow with ease
Invoice financing services are provided by RBS Invoice Finance Limited. Rapid Cash is provided byEdnites Credit Union. Security may be required. Product fees may apply. Subject to status, business use only. Specific eligibility criteria apply. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
We have three types of working capital products
Invoice Discounting
A simple way to access funds
- Could be ideal if cash is locked up in outstanding invoices
- You could get up to 90% of the money you're owed within 24 hours
- Robust ledger control is a must as you are responsible for collecting the money
Your business must have a minimum turnover of £300k
Rapid Cash
You could improve your cashflow with our innovative platform by applying for a flexible line of credit
- Only pay for what you borrow with no minimum contract
- Access funds within two hours of approval
- Enjoy low costs and no set-up monthly fees for limits up to £300k
- No uploading of invoices or ledgers, our platform does the work for you
Asset Based Lending
Release cash from your existing assets by borrowing against the value of those assets
- Could help improve your business cashflow
- If you have cash tied up in assets such as inventory, this could help release some of it
- By using Asset Based Lending it could help your business to make acquisitions
Your business must have a minimum turnover of £6.5m
Manage your invoices with FacFlow
With FacFlow, you can access and manage your invoice finance facilities securely online at any time day or night, wherever you are in the world.
Our Sector Specialisms
Recruitment
We know that cash flow can be a major issue for many recruitment agencies. Particularly for those dealing with large volumes of temporary staff who need to be paid weekly, but only get paid by clients monthly. We could help to manage your sales ledger, so you can focus on placing the right people in the right roles.
Do you work in one of these sectors?
Want to talk about one of the sectors mentioned here or enquire about one you can't see?
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