Revolving Credit and Factoring or Invoice Discounting

May 23, 2020 | 0 comments

Revolving Credit and Factoring or Invoice Discounting

I hope you are well and keeping safe, I am contacting my clients and business contacts to discuss with them any financial requirements they may have within their business.

As you are aware, some businesses are experiencing financial difficulty in these unprecedented and challenging times. The government is doing what it can to offer financial support via various schemes such as the Bounce Back Loan Scheme (BBLS) and The Coronavirus Business Interruption Loan Scheme (CBILS). However, many applicants are experiencing difficulties or delays in obtaining these funds which is impacting the continuity of the business.

I have access to revolving credit facility from £10k to £500k at a daily rate of 0.075%, the facility is agreed for 12 months. This credit facility allows a business to use the agreed funds and continue their operations e.g. pay wages, pay suppliers, rent, HMRC and other business expenses. It operates like an overdraft allowing you to dip in and out as required.

Alternatively, if you are experiencing B2B late payments from outstanding invoices, I can also assist you with Factoring or Invoice Discounting.

If you feel this can be of benefit to you or any business associates, please contact or email me to discuss further on 07890451369 or jp@financialservicesolutions.co.uk

 

Revolving Credit, Factoring and Invoice Discounting are not regulated by the Financial Conduct Authority.