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

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1 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 Finance Guarantee, to businesses across the UK. Our funding lines start from as little as 25k and currently go up to 5m. Existing clients range from new-starts to established businesses with annual sales of up to 30m and our facilities can be used to fund start-ups, transactions, turnaround / restructures and phoenix businesses. We pride ourselves in being about having quick access to flexible funding, employing specialist staff and having localised functions under one roof which enables even closer relationships with our clients and business partners. We are a wholly owned subsidiary of Skipton Building Society, an undoubted mutual financial institution established in Skipton Building Society is the UK s fourth largest building society, with 13.9bn of assets and a national presence represented by a network of around 100 branches. They are a mutual organisation, which means they are owned by their members and believe in placing them at the heart of everything they do. At Skipton Business Finance, we share the same ethos in that we re very much focussed on understanding our client s business and assisting in creating wealth and jobs, rather than existing purely for profit. This naturally leads to a partnership approach with our clients and a specifically designed internal structure whereby all our clients can enjoy close and personable relationships with highly-trained and experienced staff. Find out more about us a by calling Alternatively, you can us at info@skiptonbf.co.uk or find out more at

2 Factoring Why wait 30, 60 or even 90 days for your customers to pay your invoices? With a factoring facility from Skipton Business Finance, you can get your well-earned money straight away. Not only that, unlike automated banks, we promise that you'll have access to a dedicated Relationship Manager who will know your business and your facility, inside and out. What is Factoring? Factoring is a flexible business finance solution that advances funds to your business as you issue new invoices. It s the most common form of invoice finance in the UK. Instead of waiting for all your customers to pay you, with our factoring solutions, we can advance you funds up to the value of 100% of your outstanding sales invoices. Our experienced and professional team will then take the responsibility for securing the payments from your valuable customers. You will also have the peace of mind knowing that those customers are being dealt with by an industry-leading credit control team. the country, it means we have cash ready to lend to businesses up Find out more about factoring today and get in touch with us by calling Alternatively, you can us at

3 Invoice Discounting Why wait forever and a day for customers to pay your invoices? With an invoice discounting facility from Skipton Business Finance, you can get your well-earned money straight away. We strive to ensure that your facility grows as your business does so, unlike traditional bank overdrafts, it's flexible and tailored to your business requirements. What is Invoice Discounting? Invoice Discounting is a form of flexible business finance which allows you to immediately release funds tied up in unpaid invoices, meaning that you can put it straight back into your business. You continue to invoice and collect payment in the normal way and have the peace of mind that the service is confidential so your customers will notice no changes. Our solutions give you flexibility. With funds for invoices up front, you have the freedom to make payments on regular bills such as tax, salaries or rent and confidence if unexpected bills occur. the country, it means we have cash ready to lend to businesses up Find out more about invoice discounting today and get in touch with us by calling Alternatively, you can us at

4 Enterprise Finance Guarantee The Enterprise Finance Guarantee is a loan guarantee scheme for small businesses intended primarily to improve the availability of working capital. It supports lending for business growth and development in cases where a sound proposition may otherwise be declined due to a lack of security. The programme aims to help viable firms that are unable to meet normal commercial lending requirements, with Skipton Business Finance part of an exclusive panel of approved lenders in this Government scheme. It s a great way to inject working capital into an existing enterprise, quickly and competitively. By raising the finance against your invoices through factoring or invoice discounting, we improve your cashflow at the same time. If you require EFG funding via a factoring or invoice discounting facility, and at the same time want to take advantage of having a more flexible business finance facility, then look no further than Skipton Business Finance. the country, it means we have cash ready to lend to buinesses up Find out more about the EFG Scheme today and get in touch with us by calling Alternatively, you can us at

5 What is ABFA? ABFA stands for the Asset Based Finance Association and is a UK-based Trade Association representing 40 members that provide factoring, invoice discouting and asset-based lending. Skipton Business Finance is a proud member of ABFA. What is the ABFA Code of Conduct? It is a self-regulatory Code setting standards of good practice, probity and professionalism for all ABFA Members. This Code lays down key commitments for ABFA's Members which are intended to ensure that Members treat their clients and their guarantors fairly and responsibly. To achieve such standards ABFA has established six key commitments which require that ABFA Members shall... Abide by this Code and all applicable laws and regulations Act with integrity and deal fairly and responsibly with clients and guarantors Provide clients and guarantors with all appropriate information in a timely and transparent manner Ensure that legal documentation issued by them is clearly and unambiguously written Provide effective and timely client services in accordance with their legal agreements Operate their own appropriate complaints procedures and ABFA mayfrom time to time request details of such procedures and anonymised data as to their outcomes Our commitment to you... As members of ABFA, we conduct our business in full compliance with the ABFA Code. If for any reason you feel you have cause to complain about us or our performance under this facility then you may in the first instance refer the matter to our Operations Director and / or Client Services Director for his immediate attention. If you want more information on the ABFA Code for Members and Guidance to ABFA's Code, and its complaints procedures, please visit the ABFA website at