Category: working capital finance

Business Funding for Covid-19 Recovery

Having access to business funding is critical for SME’s as the economy opens up again. Many SME owners are facing a variety of challenges re-opening in this new environment. Against this backdrop of uncertainty, business owners are trying to plan the best way forward. Many SME owners have no idea what their post-Covid-19 trading levels […]

Supplier Finance – this “top up” funding has transformed our business…

“When we hit our bank funding limit, we thought we’d have to turn down orders…then we discovered Supplier Finance, which transformed our business”… When this Electronics Goods Importer  won a large order from a key customer, they approached their bank for additional finance to pay suppliers.  They already had bank finance including invoice discounting, overdraft and term loans.  It was then they realised they’d reached […]

Invoice Discounting for start-up business after bank says “no”

“When our bank couldn’t offer us Invoice Discounting, we didn’t realise there were other lenders willing to support us”. When the owners of a start-up confectionery business went to their bank for Invoice Discounting, it never occurred to them that they wouldn’t meet the banks’ lending criteria.   Although they were only trading six months, they had secured a contract to supply to a major buying group and there was […]

Invoice Finance for SME declined by a bank

SME declined for invoice finance by bank….alternative funder steps in. This newly established company was formed in March 2015 when two lads  spotted an opportunity to import energy drinks  into Ireland.    Their products eventually got listed with a major supermarket chain in January, however this key customer  demanded 90 days credit.  They quickly realised they would need working capital to fund  the gap […]

Asset Based Funding to Irish SMEs hits an all-time high

Asset Based Funding to Irish SMEs hits an all-time high Asset based finance is finally gaining a foothold in the Irish market, with the news that asset based finance for UK and Irish businesses has hit a record high of £20 billion. A recent report from the Asset Based Finance Association (ABFA), the body that […]

Happiness is a positive cash flow….

Invoice Finance is positively good news I met a man at a yoga class about 10 years ago.  He stood out –  not because  he was the only male in the class,  but because he always wore a bright yellow tee-shirt with the slogan “Happiness is a positive cashflow….” Working as an Invoice Finance specialist, and listening to SME owners talking about their cash flow […]

Alternative finance – a route to fund SMEs

When it comes to funding, there are many alternative options. There’s a lot of talk about alternative business finance at the moment and indeed, this new breed of funders are filling the gap  left  by many of the traditional lenders.   Nowadays  business owners and advisors are more open-minded about looking beyond the banks for finance and the emergence of […]

Refinancing assets – fast access to cash

Need a significant cash boost? If your business needs a significant cash boost, then refinancing your business assets could be an ideal option.  Very simply, refinancing assets is a great way for business owners to unlock valuable cash from assets already owned by the company. For a company with strong capital assets, it’s a great way to generate cash.  The […]

Working capital options for SMEs

Your guide to Invoice Finance There’s a growing trend towards alternative working capital products such as Invoice Finance, as SME’s continue to face challenges trying to access capital for growth  One of the great benefits of these flexible funding products is they are a lot more accessible for SME’s than traditional bank funding, and they […]