Let s get on with your business STRENGTH FLEXIBILITY EXPERIENCE ENTHUSIASM EXCEPTIONAL SERVICE

Size: px
Start display at page:

Download "Let s get on with your business STRENGTH FLEXIBILITY EXPERIENCE ENTHUSIASM EXCEPTIONAL SERVICE"

Transcription

1 Invoice Finance Getting On With Your Business Winter 2011 THE DIFFERENCE THE NEwSLETTER OF LEUMI INVOICE FINANCE Let s get on with your business STRENGTH FLEXIBILITY EXPERIENCE ENTHUSIASM EXCEPTIONAL SERVICE Inside this issue: Invoice finance making the right choice... Lifting confidence for growing businesses... Deal successes... Regional round-up & contacts...

2 Invoice finance making the right choice The market is awash with funding options and it can be a minefield when trying to make important decisions about business finance. Traditional bank overdrafts and loans, the long-established methods of financing business start up and growth, no longer offer an easy solution as many high street clearing banks continue their reluctant approach to extending credit, both to new and known enterprises. Many businesses looking to improve their cashflow are keen to find out more about the benefits of invoice finance as a viable funding tool. We hope the following pointers will help... which is product and sector driven, and we hear many reports of businesses suffering from the formulaic approach adopted by larger banks. Limited product portfolios and low touch credit management due to a relatively high client to client manager ratio can combine to make clients feel there may be little understanding of their current and future needs. Particularly in times of uncertainty and economic instability business need more than a relationship that is managed at arm s length. Looking at invoice finance options, what are the main benefits over the traditional overdraft? Both factoring and invoice discounting are excellent solutions for boosting business cashflow in many business-to-business scenarios and across a wide range of sectors. Both solutions give you immediate cash availability, by bridging the gap between you raising your invoice and your customer paying that invoice. Unlike an overdraft facility, as financing is linked to your current sales, the level of funding available grows as your business grows. This makes invoice finance an extremely flexible solution compared to an overdraft and can greatly improve your cashflow position. what should prospective clients be looking for in an invoice finance provider? Having the right financing package in place from a provider who can be relied upon to support the business in the longer term is vital. Businesses should always consider the reputation of the finance provider and assess how well they might meet your requirements. For example, how are clients managed, will you have a dedicated client manager, how quickly are funding decisions made and how flexible is their approach? Consider how they support businesses with a high degree of seasonality in their sales cycle, or what support you may be offered if you decide to enter the export market. Look at any sector specialisations and find out about other clients in similar sectors and at similar stages of business growth. Recent client testimonials will help demonstrate their approach and show how they respond to specific challenges. Always look for a provider who tailors the solution to your individual needs, supported by good relationship management, rather than being product or sector driven. Is the approach of independent providers very different from the high street clearing banks? Many of the larger banking operations are driven by SIC codes to help determine risk profile. This can result in an approach By contrast, taking a solutions driven approach which is client focused and inclusive right from day one is increasingly valued by both clients and their professional advisers. Many independent providers, less constrained by rigid formulas, are well placed to offer exactly this approach. Their lower client to client manager ratio and overall can do attitude to building long term partnerships can make a big difference. what is different about Leumi Invoice Finance? Clients choose us for a number of reasons. Because we are independent from the high street clearers, whom many customers continue to regard with some suspicion, we can offer greater flexibility and innovation in our funding solutions. Unlike many independent lenders however, Leumi Invoice Finance has the financial strength and stability afforded by being part of a major international financial group, Bank Leumi (UK) plc, which has been in operation for over one hundred years. Where speed is of the essence we can move quickly. Short decision making lines give certainty and fast credit approvals and continuing involvement of the senior team throughout the relationship all contribute to an efficient process which benefits both clients and business introducers. Our entrepreneurial approach comes from having started and built businesses ourselves. CEO, Paul Hird and MD, Phil Woodward, have both experienced the highs and lows of growing businesses and understand the challenges faced by our clients. We actively support the regional business communities to help boost the cashflow of numerous healthy businesses, and work with clients from a broad range of sectors, including recruitment, engineering, distribution, healthcare, printing and manufacturing. We ve had a tremendous response from both dealmakers and clients, and Leumi Invoice Finance continues to grow, winning many new deals whether supporting new starts, pre-packs, refinancing or organic growth. As businesses across the UK increasingly seek flexible and reliable forms of funding to support current and future growth, Leumi Invoice Finance is well placed to provide a fast response and assist growth in continuing uncertain times.

3 Lifting confidence for growing businesses Welcome to The Difference, the newsletter from Leumi Invoice Finance. This Winter 2011 issue comes to you at a time of continuing uncertainty in the markets and prompts us to look at the ever increasing popularity of invoice finance as businesses seek to access reliable forms of alternative funding to fuel their growth. Here at Leumi Invoice Finance we re delighted to have supported a wide range of growing businesses across the UK and we ve included a few of our recent deal successes in this edition. There continues to be much divided opinion amongst commentators about the state of the economy and fears of a double-dip recession never seem far away. Banks continue to be reluctant to extend credit, even to well established businesses, and many successful businesses have been prompted to look elsewhere for a more long term financing partner. This all contributes to creating a mood of caution amongst prospective clients when entering into new finance agreements or transferring from one funder to another. Over the last few months, we ve seen many clients seeking alternative options. Our growing regional sales team covering Leeds, Manchester, Birmingham, London and the South, report that the pipeline for new deals is looking very positive. Our ability to underwrite deals up to 1m in-house means that, unlike many of the larger financial organisations, we can turn around deals very quickly to the benefit of both client and introducer. To meet the requirements of our growing client portfolio we have increased our client management team to three, adding valuable industry experience and expertise. This allows for a very low client to client manager ratio, enabling our service levels to remain high. This is particularly important at times of economic instability when clients may require a more hands-on relationship management approach. Our proactive culture and ability to move quickly to service our clients needs help to set us apart from competitors. Our clients and their advisers certainly notice the difference, and despite difficult market conditions we are confident that our projected targets will be achieved and predict a very healthy final quarter of Gary Fortune Tel: As your business continues to grow... We will make sure that as your business develops we are proactive in helping to maximise your liquidity. The full asset based lending capability we have as Leumi ABL means that many other funding options can be structured as your business grows. For larger, more established businesses seeking to improve working capital, make an acquisition, MBO/MBI or simply support organic growth, Leumi ABL can provide funding of up to 25m. Leumi ABL provides invoice finance, stock finance and plant and machinery finance. In conjunction with our parent, Bank Leumi (UK) plc, we can also offer trade finance, property finance and commercial banking. Our ability to structure multi-facility deals can often result in higher levels of funding for our clients.

4 Deal success stories Despite the continuing choppy economic backdrop, business confidence is growing, clients are forging ahead with growth plans and Leumi Invoice Finance is picking up some interesting deals. Here are just a few recent examples Progressive (UK) Ltd A professional car cleaning business specialising in providing car cleaning services to car dealerships was looking to improve their working capital and assist further expansion plans. Leumi Invoice Finance responded quickly, working to the client's timeframe which was critical to the deal, and a 225k confidential invoice finance facility was arranged. Leumi Invoice Finance was able to boost working capital to help support the business s sales drive and growth. Southern based haulage company (confidential) This business required funding to provide the cash to run a new fleet of vehicles. By using an invoice discounting facility they were able to show a more positive balance sheet that allowed licensing rules for the vehicles to be met. Leumi Invoice Finance fought off competition from two high street banks and provided a 600k confidential invoice finance facility to replace a 150k overdraft. The new client was impressed by the quality of service and access to decision makers which contributed towards a smooth take-on process with Leumi Invoice Finance.

5 Edenbrook Partners New start business, Edenbrook Partners, is an insurance focused executive search business based in London. Funding was required at short notice when the business got off to a quick start and had two contractors to pay within just a few months of the incorporation of the business. Leumi Invoice Finance reacted promptly and provided a 350k invoice finance facility. Patrick Goodwin, MD of Edenbrook Partners, said: I met with Leumi Invoice Finance when I set up my business. Following the initial meeting Leumi had provided a full offer within three days and we were able to draw down our first payment within two weeks. The speed at which they were able to operate saved me any worries about how I was going to fund the rapid growth of the business. Leumi Invoice Finance Sales Manager, Robert Wakeford, added: I have known Patrick a number of years and when he spoke about setting up a business of his own I had no hesitation in backing him. Within a few weeks he was a client! Manufacturing company (confidential) This was a leveraged MBI of a manufacturing company turning over 3m per annum. The deal was almost complete when Leumi Invoice Finance was introduced but they reacted swiftly to complete the deal within a couple of weeks. Leumi Invoice Finance provided a 500k confidential invoice finance facility to assist with the acquisition.

6 Regional round-up and sales contacts South and London The market appears to be more active again after the usual summer lethargy and advisers seem to be picking up business that traditionally may have gone to the high street banks. The general feeling is that businesses are still not being supported by the high street banks, including many solid and successful businesses that just require some support. I think the next six months will continue in this trend with more businesses seeking alternatives to the traditional bank route. Even speaking to the banks they freely admit that lending, to start ups especially, is restrictive. Businesses feel more supported working with an organisation that has the time and capacity to understand their business and requirements and, importantly, an appetite to lend to quality businesses. I have seen a number of start ups recently which is a good indication of increasing confidence as we approach the end of David Mullins Regional Sales Manager - South and London e: m: South East It s encouraging to see that many businesses in the South East region are trying to look beyond the current economic crisis and taking steps to ensure they are strongly placed to exploit new opportunities. They recognise that access to a flexible source of finance from a funder willing and able to support businesses during these tough times and beyond has become a major requirement. Leumi Invoice Finance continues to work closely with the region s dealmaking community, and we re pleased to have been able to support a number of deals to assist successful growth, such as Edenbrook Partners profiled in this issue. We recognise that speedy decision making is crucial, particularly in the current climate, and can provide certainty at an early stage to get businesses moving again. In this way, they are better placed to capitalise on opportunities in their marketplaces, in the knowledge that they now have a stable, known working capital position." Robert Wakeford Sales Manager - South East e: m: North West and Yorkshire The market in the North West may not be as buoyant as we would like and there continues to be a lack of good quality corporate finance deals out there. Many of my introductions over recent months have been for refinance deals where the incumbent lenders are desperately trying to retain the clients by reducing their prices. Leumi Invoice Finance takes a servicedriven approach, taking the time to get to know the business and working closely with them to understand their current and future requirements. In this way we are well placed to offer a competitive and long term solution, based on building a clear understanding right from the beginning of the relationship. In the current economic climate, a strong relationship and real flexibility take on a new level of importance in the minds of many clients. Daniel Harding Sales Manager North West and Yorkshire e: m: Midlands The current market is difficult for all in the finance sector, however I feel the Midlands is showing that it may be one of the first regions to see reasonable growth. Having recently joined Leumi Invoice Finance I m looking forward to meeting with new and existing business introducers across the region and being able to offer a wide range of invoice finance facilities. The track record we have as Leumi Invoice Finance means that we can demonstrate how we ve been able to offer a high degree of funding flexibility to growing businesses; we are competitive and have a real appetite for new business. Andy Norton Regional Sales Manager Midlands e: m: Leumi Invoice Finance Head Office: Pacific House, 126 Dyke Road, Brighton, East Sussex BN1 3TE t: f: London Office: 20 Stratford Place, London W1C 1BG Midlands Office: One Victoria Square, Birmingham B1 1BD Yorkshire Office: 2 Wellington Place, Leeds LS1 4AP Manchester Office: Peter House, Oxford Street, Manchester M1 5AN Thames Valley Office: Davidson House, Forbury Square, Reading RG1 3EU To find out more please visit: Leumi Invoice Finance is a specialist division of Leumi ABL Limited, the asset based lending subsidiary of Bank Leumi (UK) plc. With a great reputation for speedy decision making and a flexible, personal approach we work closely with you, ensuring you are in the best position to grow your business, free from immediate cashflow worries. We seek to work with both new start and established businesses that are well managed with a sound business plan. To read a copy of Leumi ABL s newsletter - VIABILITY visit - where you can download your free copy. Invoice Finance Getting On With Your Business

The newsletter of Leumi ABL

The newsletter of Leumi ABL Spring 2010 viability The newsletter of Leumi ABL Let s get on with your business Inside this issue: Funding the way to recovery... Leumi Invoice Finance... Deal focus: SMS Electronics... Sector diversity...

More information

Funding business expansion. Asset Finance and Asset-Based Lending as alternative approaches to Debt Finance

Funding business expansion. Asset Finance and Asset-Based Lending as alternative approaches to Debt Finance Funding business expansion Asset Finance and Asset-Based Lending as alternative approaches to Debt Finance Targeting growth If there was any doubt whether the UK economy remains on the path to growth,

More information

asset based lending supporting private equity

asset based lending supporting private equity asset based lending supporting private equity ABN AMRO Commercial Finance is a leading cross-border asset based lender, operating in the Netherlands, UK, Germany, France and Belgium. We offer a range of

More information

Your business finance is in. good hands... www.gocommercialfinance.com 01446 506 508. Commercial & buy-to-let mortgages

Your business finance is in. good hands... www.gocommercialfinance.com 01446 506 508. Commercial & buy-to-let mortgages Your business finance is in Commercial & buy-to-let mortgages good hands... Asset, development & residential development finance Business loans, stocking finance, cash flow finance & bridging finance All

More information

A winning partnership

A winning partnership A winning partnership Financing growth in the SME sector boostcapital.co.uk/broker Driving business growth with unsecured finance We believe SMEs are the backbone of the UK economy. As champions of SME

More information

M Simpson Associates

M Simpson Associates M Simpson Associates A Straight Talking Consultancy Business specialists with the ability to see through the smoke and get to the bottom line quickly Exclusive Business Insight from M Simpson 1 2 3 4 INVOICE

More information

INVOICE FINANCE. Cash flow solutions that support business growth

INVOICE FINANCE. Cash flow solutions that support business growth INVOICE FINANCE Cash flow solutions that support business growth 1 Contents Invoice Finance 3 Invoice Discounting 5 Factoring 6 How Factoring works 7 Payroll Finance 8 How Payroll Finance works 9 Additional

More information

Ask the Experts: ABL

Ask the Experts: ABL Ask the Experts: ABL Meeting the needs of SMEs ABL Q&A Business owners put their questions to the panel SIC Codes How independent providers and banks differ Late payment of debts The experts respond to

More information

A Guide to Invoice Finance

A Guide to Invoice Finance A Guide to Invoice Finance Contents The Skipton Way 3 Invoice Finance explained 4 Sectors using Invoice Finance 5 What is Factoring? 6 An illustrated guide to Factoring 7 What is Invoice Discounting? 8

More information

CASE STUDIES. has experience in a wide variety of sectors and company situations.

CASE STUDIES. has experience in a wide variety of sectors and company situations. CASE STUDIES Trans Capital Associates has experience in a wide variety of sectors and company situations. Working closely with our clients, we ensure we find the right answers for their specific needs,

More information

Secure Trust Bank PLC. 2014 YEAR END RESULTS 19th March 2015

Secure Trust Bank PLC. 2014 YEAR END RESULTS 19th March 2015 Secure Trust Bank PLC 2014 YEAR END RESULTS 19th March 2015 Introduction PAUL LYNAM Chief Executive Officer Strategy Continues to Deliver Maximise shareholder value by: To maximise shareholder value through

More information

GUIDE TO BUSINESS FINANCE & BUSINESS FUNDING

GUIDE TO BUSINESS FINANCE & BUSINESS FUNDING GUIDE TO BUSINESS FINANCE & BUSINESS FUNDING M3 Corporate Finance M3 Corporate Finance is an independent corporate finance house focused exclusively on mid-market transactions. M3 offers specialist corporate

More information

Business Recovery & Insolvency Specialists

Business Recovery & Insolvency Specialists Business Recovery & Insolvency Specialists Introduction Corporate Debt Solutions Administration Pre Pack Administration Creditors Voluntary Liquidation (CVL) Compulsory Liquidation Company Voluntary Arrangement

More information

Building towards solid growth

Building towards solid growth Business Factors Index Q3 2014 Building towards solid growth Issue 10 Business Factors Index Issue 10 Q3 2014 Page 2 A changing environment David Postings UK CEO, Bibby Financial Services 140 130 Q1 Q2

More information

PAGE 04/ ASSET FINANCE 06/ BRIDGING FINANCE 08/ DEVELOPMENT FINANCE

PAGE 04/ ASSET FINANCE 06/ BRIDGING FINANCE 08/ DEVELOPMENT FINANCE We understand PAGE 04/ ASSET FINANCE 06/ BRIDGING FINANCE 08/ DEVELOPMENT FINANCE WELCOME TO UNITED TRUST BANK is an established specialist lender providing a wide range of short to medium term secured

More information

Secured loans Short term finance Commercial mortgages Buy to let mortgages Development finance

Secured loans Short term finance Commercial mortgages Buy to let mortgages Development finance Secured loans Short term finance Commercial mortgages Buy to let mortgages Development finance Welcome to Vantage Finance Vantage Finance is a leading master broker. Established in 2004, our expert team

More information

How do I arrange bank finance to help my small business grow and prosper?

How do I arrange bank finance to help my small business grow and prosper? How do I arrange bank finance to help my small business grow and prosper? In the current climate, it can be tough finding a bank that is prepared to lend to a small business. Amongst other challenges,

More information

Development Finance. Bridging Finance. Asset Finance. Case Files WE NDERSTAND

Development Finance. Bridging Finance. Asset Finance. Case Files WE NDERSTAND WE NDERSTAND Development Finance Asset Finance Bridging Finance Case Files WE NDERSTAND Asset, Bridging and Development Finance Welcome to United Trust Bank United Trust Bank provides a wide range of secured

More information

Incisive Business Guide to Factoring

Incisive Business Guide to Factoring Incisive Guide to Factoring Factoring Guide Summary This guide from Incisive outlines the features and benefits for your business from using factoring and invoice discounting services. Factoring is commonly

More information

Close Brothers Asset Finance Restructures and refinancing. James Waterson 19 th February 2013

Close Brothers Asset Finance Restructures and refinancing. James Waterson 19 th February 2013 Close Brothers Asset Finance Restructures and refinancing James Waterson 19 th February 2013 Close Brothers Asset Finance Part of Close Brothers Group plc - FTSE 250 listed - Employ in excess of 400 staff

More information

InsideManufacturing. Close Brothers Asset Finance Manufacturing Newsletter Issue 2. 04 Funding to suit your business needs 06 Meet the expert

InsideManufacturing. Close Brothers Asset Finance Manufacturing Newsletter Issue 2. 04 Funding to suit your business needs 06 Meet the expert InsideManufacturing Close Brothers Asset Finance Manufacturing Newsletter Issue 2 02 Welcome 03 Case study ADV Manufacturing Ltd 04 Funding to suit your business needs 06 Meet the expert 07 Case study

More information

Business finance. for the real world

Business finance. for the real world Business finance for the real world Business finance for the real world Here at ABN AMRO Commercial Finance, we work in the real world and know that life can be full of ups and downs, obstacles and frustrations.

More information

Understanding a Firm s Different Financing Options. A Closer Look at Equity vs. Debt

Understanding a Firm s Different Financing Options. A Closer Look at Equity vs. Debt Understanding a Firm s Different Financing Options A Closer Look at Equity vs. Debt Financing Options: A Closer Look at Equity vs. Debt Business owners who seek financing face a fundamental choice: should

More information

Restructuring & Insolvency

Restructuring & Insolvency Restructuring & Insolvency Welcome We have a leading reputation for helping regional small to medium sized companies and owner managed business through the good times as well as the bad times. However,

More information

Let s work together. Intermediary product guide.

Let s work together. Intermediary product guide. Let s work together Intermediary product guide. Launched in 2009, Aldermore champions Britain s businesses. We offer straightforward banking products and services to small and medium-sized businesses and

More information

Fresh options in financing

Fresh options in financing Fresh options in financing A dynamic funding market brings innovative new choices Financing options for UK business have never been more diverse. Changes to the banking landscape, further development of

More information

EUROPEAN SME CAPEX BAROMETER

EUROPEAN SME CAPEX BAROMETER GE Capital EUROPEAN SME CAPEX BAROMETER SMEs business sentiment and capital investment in Europe s four biggest economies July 2011 www.gecapital.eu Contents Introduction Executive summary Capital investment

More information

Secure Trust Bank PLC. 2015 INTERIM RESULTS 21st July 2015

Secure Trust Bank PLC. 2015 INTERIM RESULTS 21st July 2015 Secure Trust Bank PLC 2015 INTERIM RESULTS 21st July 2015 Introduction & business review PAUL LYNAM Chief Executive Officer Strategy continues to deliver Maximise shareholder value: To maximise shareholder

More information

A guide to the business services offered by: Also Trading As Really Useful Brokers Really Useful Factoring. 1 P a g e

A guide to the business services offered by: Also Trading As Really Useful Brokers Really Useful Factoring. 1 P a g e A guide to the business services offered by: Also Trading As Really Useful Brokers Really Useful Factoring 1 P a g e Contents Useful business contacts Business & Strategic Planning is not just for big

More information

energy JLT Specialty Limited Demand Different

energy JLT Specialty Limited Demand Different energy JLT Specialty Limited Demand Different JLT Specialty Limited Putting clients first JLT Specialty s Energy Division is recognised as a leading energy broker worldwide. In 2012, JLT Group placed more

More information

Share me. Choosing the right fleet option for your company

Share me. Choosing the right fleet option for your company Light Commercial Vehicle Acquisition Hire or Buy? Choosing the right fleet option for your company 1 Contents Hiring or buying LCVs. Why does it matter? Fleet ownership the benefits Fleet ownership the

More information

Hilton-Baird s SME Trends Index. October 2012

Hilton-Baird s SME Trends Index. October 2012 Hilton-Baird s SME Trends Index October 202 Introduction THE UK may have exited the recession after the economy expanded by an unexpected % during the third quarter of 202, but businesses across the country

More information

SERVICED OFFICE REVIEW // Uk 2015

SERVICED OFFICE REVIEW // Uk 2015 SERVICED OFFICE REVIEW // Uk 2015 uk The serviced office market is dynamic and fast growing. An industry built on challenging the traditional office model, it continues to redefine the boundaries of the

More information

B. Bibby Barometer Small Business Survey findings:

B. Bibby Barometer Small Business Survey findings: A. Research structure: Q & A for Bibby Barometer findings 1. Who did the research? The Bibby Barometer Small Business Survey was conducted by Galaxy Research - a well-known Australian research company.

More information

Hilton-Baird s SME Trends Index

Hilton-Baird s SME Trends Index Hilton-Baird s SME Trends Index April 2012 Introduction WITH the Office for National Statistics confirming that the UK has slipped into its first double-dip recession for the first time since the 1970s,

More information

SMALL BUSINESS REPUTATION & THE CYBER RISK

SMALL BUSINESS REPUTATION & THE CYBER RISK SMALL BUSINESS REPUTATION & THE CYBER RISK Executive summary In the past few years there has been a rapid expansion in the development and adoption of new communications technologies which continue to

More information

S EC U R ED L EN D I N G

S EC U R ED L EN D I N G SECURED LENDING About Puma Investments Secured Lending Puma Investments is a member of the Shore Capital group, an independent investment group, listed on AIM and specialising in asset management, principal

More information

Helping businesses source finance

Helping businesses source finance SUPPORTING BUSINESS - SOURCING FINANCE Helping businesses source finance Helping businesses source finance These are challenging times for every business. The economic environment has changed and many

More information

Small Business confidence, funding and the potential for growth

Small Business confidence, funding and the potential for growth Small Business confidence, funding and the potential for growth Executive Summary Following the 2013 budget in March, Bibby Financial Services conducted three surveys, surveying a total of 1,450 SMEs to

More information

AIB Group (UK) p.l.c. Highlights of 2015 Business and Financial Performance. For the year ended 31 December 2015. Company number: NI018800

AIB Group (UK) p.l.c. Highlights of 2015 Business and Financial Performance. For the year ended 31 December 2015. Company number: NI018800 AIB Group (UK) p.l.c. Highlights of 2015 Business and Financial Performance For the year ended 31 December 2015 Company number: NI018800 Contents Page Financial and Business review 1. 2015 Performance

More information

InsideManufacturing Issue 4. 02 Welcome 03 Case study: LE-AL Furniture Ltd 04 Regional Growth Fund (RGF) Update

InsideManufacturing Issue 4. 02 Welcome 03 Case study: LE-AL Furniture Ltd 04 Regional Growth Fund (RGF) Update InsideManufacturing Issue 4 02 Welcome 03 Case study: LE-AL Furniture Ltd 04 Regional Growth Fund (RGF) Update 05 Case study: Bromley Sports 07 FAQs 08 Events & Did you know? 02 InsideManufacturing Introduction

More information

STRUCTURE YOUR LABOUR HIRE BUSINESS SO CASHFLOW IS NEVER A PROBLEM EDGEVIEW DIRECT 1

STRUCTURE YOUR LABOUR HIRE BUSINESS SO CASHFLOW IS NEVER A PROBLEM EDGEVIEW DIRECT 1 STRUCTURE YOUR LABOUR HIRE BUSINESS SO CASHFLOW IS NEVER A PROBLEM EDGEVIEW DIRECT 1 REVENUE IS VANITY MARGIN IS SANITY CASH IS KING! - KEITH C. MACDONALD EDGEVIEW DIRECT 2 It s often touted as common

More information

A Guide to Contracting

A Guide to Contracting A Guide to Contracting An Introduction to Contracting Going freelance doesn t mean going it alone 292 Wake Green Road Birmingham B13 9QP Tel: 0121 778 6278 contracting@lowsonward.com A Guide to Contracting

More information

Invoice finance made simple

Invoice finance made simple Invoice finance made simple All you need to keep the cash flowing Your Invoice Finance Experts Your Invoice Finance Experts Contents This informative, easy-to-use guide has been put together to explain

More information

SPINOZA KENNEDY VESEY. Corporate Finance and Legal PR B U S I N E S S D E S K

SPINOZA KENNEDY VESEY. Corporate Finance and Legal PR B U S I N E S S D E S K SPINOZA KENNEDY VESEY Corporate Finance and Legal PR B U S I N E S S D E S K Are you a bank, a venture capitalist or a private equity fund wanting to maximise your rightful share-of-voice? The smart boutique

More information

Preqin Research Report: Private Equity Real Estate Investor Survey: Plans for the Next 12 Months August 2010

Preqin Research Report: Private Equity Real Estate Investor Survey: Plans for the Next 12 Months August 2010 Preqin Research Report: Private Equity Real Estate Investor Survey: Plans for the Next 12 Months August 2010 Preqin Research Report: Private Equity Real Estate Investor Survey: Plans for the Next 12 Months

More information

The Business Case For SBA 7a Lending For Community Banks

The Business Case For SBA 7a Lending For Community Banks The Business Case For SBA 7a Lending For Community Banks How Community Banks Can Prudently Make Loans to Small Business By: Joanne Thompson SBA OneSource, LLC This paper examines the business reasons for

More information

A member of Lloyd's of London says: BK Insurance Brokers Limited is a highly professional and effective Insurance Broker.

A member of Lloyd's of London says: BK Insurance Brokers Limited is a highly professional and effective Insurance Broker. HISTORY Historically two types of brokers have operated in the UK, Traditional and National. Whilst their paths would cross from time to time most people and businesses would remain with either one or

More information

InsideManufacturing. Close Brothers Asset Finance Manufacturing Newsletter Issue 1. 04 Sale and HP Back 06 Case Study 3 Dimensional

InsideManufacturing. Close Brothers Asset Finance Manufacturing Newsletter Issue 1. 04 Sale and HP Back 06 Case Study 3 Dimensional InsideManufacturing Close Brothers Asset Finance Manufacturing Newsletter Issue 1 02 Welcome 03 Case Study Metal Co Ltd 04 Sale and HP Back 06 Case Study 3 Dimensional 07 Case Study Nottinghamshire Recycling

More information

A warm welcome to the first edition of the Ashtree Financial Services Newsletter.

A warm welcome to the first edition of the Ashtree Financial Services Newsletter. Ashtree Financial Services is part of the Autoline Insurance Group OCTOBER 2011 Ashtree Financial Newsletter - Issue 1 A warm welcome to the first edition of the Ashtree Financial Services Newsletter.

More information

equip ISSUE 04/Spring Summer 2015 Analysis Finance Innovation Technology leasing that works. Solving the equipment finance puzzle.

equip ISSUE 04/Spring Summer 2015 Analysis Finance Innovation Technology leasing that works. Solving the equipment finance puzzle. equip ISSUE 04/Spring Summer 2015 Analysis Technology leasing that works. Finance Solving the equipment finance puzzle. Innovation Helping businesses to innovate. Contents Issue 04/Spring Summer 2015 Welcome

More information

K3 BUSINESS TECHNOLOGY GROUP PLC ( K3 or the Group ) Announces. Unaudited Half Yearly Report For the six months to 30 June 2009.

K3 BUSINESS TECHNOLOGY GROUP PLC ( K3 or the Group ) Announces. Unaudited Half Yearly Report For the six months to 30 June 2009. KBT 2 September K3 BUSINESS TECHNOLOGY GROUP PLC ( K3 or the Group ) Announces Half Yearly Report For the six months Key Points Encouraging results in more difficult trading environment demonstrate resilience

More information

An Alternative Approach to PROPERTY DEVELOPMENT FINANCE

An Alternative Approach to PROPERTY DEVELOPMENT FINANCE An Alternative Approach to PROPERTY DEVELOPMENT FINANCE Welcome to IPIN Global Capital We are an experienced real estate investment firm that specialises in providing equity and mezzanine funding for real

More information

INVESTMENT MANAGEMENT. Investment Management Services

INVESTMENT MANAGEMENT. Investment Management Services INVESTMENT MANAGEMENT Investment Management Services World class team JLT Investment Solutions employs over 60 people. Our entire focus is on investing our clients money. We are based in Exeter, Bournemouth,

More information

YOUR GUIDE TO BUSINESS FINANCE

YOUR GUIDE TO BUSINESS FINANCE YOUR GUIDE TO BUSINESS FINANCE GIBSON HEWITT MAKES BUSINESS FINANCE EASY We put you at an advantage. Gibson Hewitt has knowledge of a wide range of business finance options from business lenders across

More information

Association of Retained. 20 th April 2011

Association of Retained. 20 th April 2011 Your Options For Raising Finance - Santander s Perspective Association of Retained Council Housing 20 th April 2011 Overview Santander & Our Commitment Context: HRA Reform Private Finance Broad Comparative

More information

Your bid for growth funds. Supporting your business with financing decisions

Your bid for growth funds. Supporting your business with financing decisions Your bid for growth funds Supporting your business with financing decisions Contents 3 Introduction 4 Preparing your application 6 Assessing applications 8 What Barclays considers 9 Funding solutions 10

More information

Seneca Bridging Finance

Seneca Bridging Finance INTRODUCING Seneca Bridging Finance Welcome to Seneca Bridging Finance Seneca is a principal lender, not a broker or intermediary service. We specialise in offering private funding for short term bridging

More information

Wage watch: Legal executives

Wage watch: Legal executives Wage watch: Legal executives This excellent article from the October 2006 Legal Executive Journal is worth a read, so enjoy! John Burns, head of membership interests at ILEX says at this time of year the

More information

Business-critical Insurance

Business-critical Insurance Business-critical Insurance Identifying those insurances that support the business and its strategy Guide 2015 Contents Introduction... 4 Categories of insurance... 5 Determining which insurance covers

More information

Table of Contents. A Guide To Office Space & Business Centres Across London

Table of Contents. A Guide To Office Space & Business Centres Across London 1 A Guide To Office Space & Business Centres Across London Table of Contents Introduction Advantages of Renting London Office Space Location, Impression & Operations Office Space Where to Start Types of

More information

Bibby Financial Services Ireland. Irish Exporting Landscape Report 2012

Bibby Financial Services Ireland. Irish Exporting Landscape Report 2012 Preface So much emphasis continues to be placed on the role SMEs have been asked to play in the return to a stabilised Irish economy, with SME export in particular hoped to be a key driver for Ireland

More information

Financial Challenges and Pains faced by SMEs. The funding options available to them at different stages of their development.

Financial Challenges and Pains faced by SMEs. The funding options available to them at different stages of their development. Financial Challenges and Pains faced by SMEs. The funding options available to them at different stages of their development. A Funding Whitepaper from HCBA www.hcba.co.uk 01932 244810 Pegasus Funding

More information

Mezzanine Finance. by Corry Silbernagel Davis Vaitkunas Bond Capital. With a supplement by Ian Giddy

Mezzanine Finance. by Corry Silbernagel Davis Vaitkunas Bond Capital. With a supplement by Ian Giddy Mezzanine Finance by Corry Silbernagel Davis Vaitkunas Bond Capital With a supplement by Ian Giddy Mezzanine Debt--Another Level To Consider Mezzanine debt is used by companies that are cash flow positive

More information

SKIPTON BUSINESS FINANCE. Who are we? A Skipton Building Society Group Company. Get in touch...

SKIPTON BUSINESS FINANCE. Who are we? A Skipton Building Society Group Company. Get in touch... Who are we? Skipton Business Finance is a leading invoice finance company that provides an array of financial solutions ranging from factoring to invoice discounting, and the Government-backed Enterprise

More information

A GUIDE TO INVOICE FINANCE

A GUIDE TO INVOICE FINANCE Invoice Finance Demystified A GUIDE TO INVOICE FINANCE IN IRELAND A Guide to Invoice Finance Overview Invoice finance: There are two main types of funding within invoice finance: Invoice Discounting and

More information

Loan financing for service providers

Loan financing for service providers Loan financing for service providers May 2014 Disclaimer The materials presented in this document are for general information only and should not be taken as constituting professional advice. Users should

More information

One size doesn t fit all

One size doesn t fit all One size doesn t fit all Size counts What does a two-truck operation have in common with a 62-vehicle fleet? Of course there are similarities, but there are some fundamental differences. We understand

More information

The National Business Survey National Report November 2009 Results

The National Business Survey National Report November 2009 Results The National Business Survey National Report November 2009 Results 1 Executive Summary (1) 2 NBS results from November 2009 demonstrate the continued challenging conditions faced by businesses in England

More information

For Smart Insurance Solutions Choose Coverforce

For Smart Insurance Solutions Choose Coverforce For Smart Insurance Solutions Choose Coverforce Our Capability Issue Date 1st October 2012 A different company Creating smart insurance solutions for clients is what we do. Our determination to genuinely

More information

Leasing. The path towards sustainable growth for Europe

Leasing. The path towards sustainable growth for Europe The path towards sustainable growth for Europe The Path Towards Sustainable Growth for Europe What is? A lease is when a company makes an asset it owns available to another party to use for a certain period

More information

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO JUNE 2014

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO JUNE 2014 ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO JUNE 214 CONTENTS Page 1. List of contributors 1 2.1. Clients sales 2 2.2. Balances at the period end 3 2.3. Analysis of sole lender and syndicate

More information

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO DECEMBER 2015

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO DECEMBER 2015 ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO DECEMBER 21 CONTENTS Page 1. List of contributors 1 2.1. Clients sales 2 2.2. Balances at the period end 3 2.3. Analysis of sole lender and syndicate

More information

Managing trade credit risk in the recovering economy. July 2015

Managing trade credit risk in the recovering economy. July 2015 Managing trade credit risk in the recovering economy July 201 1 QBE - Managing trade credit risk in the recovering economy Introduction In our latest survey of UK businesses, 22% of respondents reported

More information

AUSTRALIAN UNITY INVESTMENTS Strong foundations. Innovative approach.

AUSTRALIAN UNITY INVESTMENTS Strong foundations. Innovative approach. Australian Unity Investments 13 29 39 www.australianunity.com.au Victoria Level 4 114 Albert Rd South Melbourne, VIC 3205 New South Wales Level 15 60 Margaret St Sydney, NSW 2000 Queensland Level 4, Suite

More information

ARLA Members Survey of the Private Rented Sector

ARLA Members Survey of the Private Rented Sector Prepared for The Association of Residential Letting Agents ARLA Members Survey of the Private Rented Sector Fourth Quarter 2013 Prepared by: O M Carey Jones 5 Henshaw Lane Yeadon Leeds LS19 7RW December,

More information

Towergate Risk Solutions. Specialists in branded insurance schemes for the transportation industry

Towergate Risk Solutions. Specialists in branded insurance schemes for the transportation industry Towergate Risk Solutions Specialists in branded insurance schemes for the transportation industry 2 Specialists in branded insurance schemes Affinity Insurance Schemes Many businesses and associations

More information

PERSONAL LINES SCHEMES WHITE LABELLING AFFINITY

PERSONAL LINES SCHEMES WHITE LABELLING AFFINITY PERSONAL LINES SCHEMES WHITE LABELLING AFFINITY ukgeneral.com/personal-lines Specialist as standard FOCUSED ON YOU At UK General we are dedicated to designing and delivering Personal Lines products that

More information

Access to Finance Guide: 1. Bank Finance Options

Access to Finance Guide: 1. Bank Finance Options Access to Finance Guide: 1. Bank Finance Options Overdrafts An overdraft is a flexible way for you to manage short-term borrowing requirements. Business overdrafts are traditionally easy to arrange and

More information

Sources of Finance. Andy South Business Partner Clydesdale Bank. Steve Merchant Head of Asset Based Lending Services Baker Tilly

Sources of Finance. Andy South Business Partner Clydesdale Bank. Steve Merchant Head of Asset Based Lending Services Baker Tilly Sources of Finance Andy South Business Partner Clydesdale Bank Steve Merchant Head of Asset Based Lending Services Baker Tilly Angus Rooms Invoice Finance Partner Clydesdale Bank What we will be covering?

More information

Help to Buy. House Builder and Developer Participation Guidance. July 2014. Page 1 of 15

Help to Buy. House Builder and Developer Participation Guidance. July 2014. Page 1 of 15 Help to Buy House Builder and Developer Participation Guidance July 2014 Page 1 of 15 Contents Ministerial Foreword page 3 Introduction... page 4 Help to Buy overview... page 5 Help to Buy registration...

More information

xcentaplus easy-access advice & solutions from experts www.sigersonassociates.co.uk/service/xcentaplus

xcentaplus easy-access advice & solutions from experts www.sigersonassociates.co.uk/service/xcentaplus xcentaplus Professional business support for managing risks easy-access advice & solutions from experts www.sigersonassociates.co.uk/service/xcentaplus xcentaplus - a one-stop support resource With increasing

More information

ASSET BASED LENDERS STAYING AHEAD IN AN EVER-CHANGING MARKET FEATURING THE NEW BDO ABL MONITORING DASHBOARD

ASSET BASED LENDERS STAYING AHEAD IN AN EVER-CHANGING MARKET FEATURING THE NEW BDO ABL MONITORING DASHBOARD i ASSET BASED LENDERS STAYING AHEAD IN AN EVER-CHANGING MARKET FEATURING THE NEW BDO ABL MONITORING DASHBOARD ii CONTENT MEETING THE CHALLENGE 1 THE BDO ABL MONITORING DASHBOARD 2 THE BALANCE SHEET MARKET

More information

Managing Cash Flow. A guide to help you broaden your understanding of how to manage cash flow in a small business

Managing Cash Flow. A guide to help you broaden your understanding of how to manage cash flow in a small business Managing Cash Flow A guide to help you broaden your understanding of how to manage cash flow in a small business This guide looks at the key elements of cash flow and working capital and how its management

More information

Your guide to the power of asset finance

Your guide to the power of asset finance Your guide to the power of asset finance Unlocking the value within your business Molten Man 2.0 by Shane Butler, Winner of the EEF Photography Competition 23, sponsored by Lombard. Asset finance is a

More information

Broker Service Guide

Broker Service Guide Broker Service Guide Dedicated to Brokers We specialise in offering a range of finance options to brokers, from secured and unsecured loans to commercial and bridging finance, we even offer a mortgage

More information

Leading Interim Specialists in HR, Change Management and Corporate Communications

Leading Interim Specialists in HR, Change Management and Corporate Communications INTERIM PERFORMERS Leading Interim Specialists in HR, Change Management and Corporate Communications A dedicated provider of interim management solutions London Manchester Brussels About VMA Group VMA

More information

Financial Challenges and Pains faced by SMEs. The funding options available to them at different stages of their development.

Financial Challenges and Pains faced by SMEs. The funding options available to them at different stages of their development. Financial Challenges and Pains faced by SMEs. The funding options available to them at different stages of their development. A Funding Whitepaper from SWBA. www.swba.co.uk 01225 580103 01932 244810 Table

More information

Insurance for the Motor Trade Industry

Insurance for the Motor Trade Industry Insurance for the Motor Trade Industry Over 40 years experience www.bollington.com About Us Why Bollington? Established in 1973, Bollington was initially a small family run insurance broker working with

More information

A GUIDE TO ASSET BASED FINANCE

A GUIDE TO ASSET BASED FINANCE Asset Based Finance Demystified A GUIDE TO ASSET BASED FINANCE A Guide to Asset Based Finance Overview Asset Based Finance is a generic term used to describe funding against a range of corporate assets

More information

Survey Of Office Occupiers. Changing Attitudes To Property Needs

Survey Of Office Occupiers. Changing Attitudes To Property Needs Survey Of Office Occupiers Changing Attitudes To Property Needs Business Legal Services One of the largest law firms in the UK, Irwin Mitchell provides a wide range of legal services to a diverse spectrum

More information

Business Lending. Maximising your cash flow and financing your business needs

Business Lending. Maximising your cash flow and financing your business needs Business Lending Maximising your cash flow and financing your business needs You drive the business. We ll drive the service. Often there just isn t enough time to stop and think about how you could improve

More information

Significantly improved cash flow from operations of 1.3m (2013: outflow 1.3m)

Significantly improved cash flow from operations of 1.3m (2013: outflow 1.3m) Thu, 24th Jul 2014 07:00 RNS Number : 1728N RTC Group PLC 24 July 2014 RTC Group Plc ("RTC", "the Company" or "the Group") Interim results for the six months June 2014 RTC Group Plc,the business services

More information

Does the cashflow in your business ever get tight?

Does the cashflow in your business ever get tight? Does the cashflow in your business ever get tight? Creditors Stretched and not paid Slow payment from customers Going without getting paid yourself Can t take on work because you can t afford it Equipment

More information

Business borrowing with FundingKnight

Business borrowing with FundingKnight Business borrowing with FundingKnight Get the funding you need, with fast decisions, flexible terms and competitive rates www.fundingknight.com Borrowing for growth is a positive decision by any business

More information

General Certificate of Education Advanced Level Examination June 2013

General Certificate of Education Advanced Level Examination June 2013 General Certificate of Education Advanced Level Examination June 2013 Business Studies BUSS3 Unit 3 Strategies for Success Wednesday 12 June 2013 1.30 pm to 3.15 pm For this paper you must have: an AQA

More information

CHANGING TIMES: The Property Management Landscape

CHANGING TIMES: The Property Management Landscape CHANGING TIMES: The Property Management Landscape An industry report from Pi-Property Insurance Pi-Property Insurance π Introduction These are uncertain times for every business and while there is rolling

More information

Retail Finance Enterprise Plan Income Streams

Retail Finance Enterprise Plan Income Streams Retail Finance Enterprise Plan Income Streams This opportunity utilises the core business model that is offered through our home based proposition and elevates it to a scale that is more suited to persons

More information

Commercial Energy Management 11 Questions to ask your Energy Broker

Commercial Energy Management 11 Questions to ask your Energy Broker Commercial Energy Management 11 Questions to ask your Energy Broker Benchmark your Broker Introduction Do you use or are you looking to use a Business Energy Broker? It s important to find the right partner

More information