Manufacturing Business Financing
Salaries, plant, equipment and other overheads all cause a strain on cash flow. And because of the time between initial outlay and final
payment, it's often difficult for manufacturing businesses to keep on top of cash flow. We can help.
Invoice finance can release the funds to pay upfront costs (raw materials, gas, electricity, etc) before you get paid for the job; bad debt
protection is also available. And if you are expanding overseas, we can help:
with invoice finance, it's easy to fund export invoices and gain currency funding; we even offer bad debt protection for overseas companies.
Many manufacturing companies have a large amount of capital tied up in physical assets, such as plant and equipment. If this is true in your
case, then you might want to consider asset based lending. Asset based lending
liberates the cash held within your business' physical assets,
and allows you to borrow against these assets. (Please note that you can only apply for a plant and machinery loan if you are already
using our invoice discounting facility.
Security may be required. Product fees may apply.