web statswebsite tracking software Innovative Solutions for Challenges faced by Manufacturers

Over 17 Years in Business

Recent Transactions

£100,000

To Small Van Courier providing deliveries in Ireland.

£250,000

To Small fashion importer and exporter

The UK manufacturing sector is fairly diversified with key strengths in aerospace, pharmaceutical, high-technology industries and to an extent car production. The manufacturing businesses face several challenges such as competition from global players, fluctuating raw material costs, complex regulations, constant need to upkeep of plants, machinery and other overheads. The industry also requires consistent investment in innovation in new product research and development, besides systems and infrastructure. All these challenges put considerable strain on manufacturing companies to keep on top of cash flow. By collaboratively working together, we provide tailor-made flexible financing solution to suit your businesses.

Enhancing your cash flow

Manufacturing industries experience strain on their cash flow due to salaries, plant, equipment and other overheads. This is compounded by the fact that the time between initial outlay and final payment put you into additional cash flow problems. For instance, most manufacturing companies in the UK have to wait up to 90 days to get paid. Our innovative invoice finance solutions can release adequate funds to pay upfront costs towards raw materials, electricity and gas before you get paid for the job. Optionally you can use our factoring, invoice discounting, and asset based lending to enhance your cash flow. These financing options would release working capital to service new and existing contracts; bridge the gap between your issuing invoices and getting paid.
If you are expanding overseas, our invoice finance solution can help you to fund export invoices and gain currency funding. You can also avail our bad debt protection services for overseas companies.

Hassle free and Quick Processing

Our long experience in providing innovative solutions to manufacturers can help you to obtain quick financing. For instance:

  • Factoring has emerged as a lifeline for UK manufacturing sector. You can use our factoring services by drawing on your outstanding invoices as security against short term lending. This would allow you to receive up to 90 percent of the invoice value immediately. For instance, if you have an order worth £20,000 with 60 days credit, you could use factoring to gain up to £18,000 of the invoice now, and the balance when the money is paid. The balance would be paid after deducting administrative charges of around 1 to 2 percent of the invoice
  • We focus on the financial reliability of the manufactured product as if the product you make is reliable and the invoices will be paid without dispute
  • We usually retain about 15 percent to cover any disputes that may arise between you and your customers. However over time, if your products are reliable and never cause problems for your customers, we will gradually reduce the amount we hold out to cover disputes
  • You can use our range of complementary facilities so that you can secure funding to support your ambitions.
  • You can unlock large amount of capital tied up in physical assets by using our asset based lending

Invoice Discounting Rates Starting at 1.59% to 3.5%

  • No monthly requirements.
  • No financials needed.
  • No setup fees