Home – New Forums Money matters Grants, Loan, Hot Water…. Reply To: Grants, Loan, Hot Water….

#1087971
MikeF
Member
  • Total posts: 23
Up
0
::

Hi

All lenders including banks are gun shy when it comes to lending to SME’s and all will want some sort of security.

Growing businesses sometimes overlook their existing receiveables as a means of releasing cash.

Invoice discounting is a cashflow funding arrangement whereby lenders advance up to 90% of the value of your debtor ledger.

There are plenty of lenders in this space other than the banks who in any case tend to only want to deal with big established businesses.