Switch Funder with Minimum Hassle
If your existing funding partner no longer meets your needs, it may be time to move to a different lender. We can help you find a funder who can better fulfil your changing needs and can help you through this delicate process.
Whether your existing facility is too restrictive, or too costly; you may be dissatisfied with the service; or the relationship may simply have broken down. Whatever your reason for switching lender, chances are, we’ll be able to help you.
Talk to the experts
At Clancy Business Finance, we will discuss with you the reasons you need to move, and talk with new funders to get the best deal for you. We have the experience and negotiating skills to help you make the transition with minimum cost and disruption.
PHONE US NOW on 01 438 6462
If you would like to have a confidential chat to discuss your needs and options, call us today, or email Lucinda@clancybusiness.com, or simply request a callback.
Export Finance – helping SMEs fund growth
Exporting is vital to the Irish economy and it appears that many Irish business owners have ambitious growth plans for 2017, including exporting to Europe and further afield. While exporting can open up a whole new world of opportunities for a business, it can also bring obstacles and challenges. Business owners have to contend with language, distance, transport, delays, time zones and currency risk. What’s more, with […]
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 […]
Stock Finance – ideal “top-up” funding for importers
Stock Finance can be an ideal option for Importers that have reached their limit with their bank and need “top-up” funding. This well established business imports and sells animal feed to Irish farmers . With their busy season kicking off in March, they were keen to negotiate the best possible price with suppliers. They needed working capital to negotiate substantial discounts for cash […]
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 […]
Invoice Finance – funding for a fresh start
Invoice Finance – fast funding in 7 working days This newly established company was incorporated in December 2015, after a long-established food wholesale business ceased to trade due to lack of management and legacy debt. Two savvy businessmen saw an opportunity and took over the client base, the lease on the building and – importantly- […]