Could Your Finance Work Harder?

Sometimes it’s worth stepping back and asking whether the finance you’ve got still suits the business you’re running.

There’s one combination I particularly like exploring: a government-backed loan alongside an invoice finance facility.

Depending on your circumstances and the lender’s rules, the loan could help refinance existing borrowing. The invoice finance facility could then give you access to money tied up in eligible unpaid invoices, drawing what you need within the agreed limits.

Two different jobs, working together: planned borrowing and flexibility for day-to-day cash flow.

That’s what interests me. Putting the right facilities together around how your business actually operates, what you already owe and where you want to go.

Of course, we need to look at the costs, repayment terms and any guarantees properly. Government backing doesn’t remove your company’s responsibility to repay.

If your finance feels like something you’re constantly working around, give me a shout. Let’s see whether there’s a better fit.

Mark Smillie
07710 466166