Business Finance from Mortgages to Invoice Discounting
Vendor Finance - The Criteria
Also read: Mechanics | Benefits | The Process | Facilities
We are an independent provider and therefore are not restricted to any one funder which makes us better placed to make sure that the customer, regardless of their current status is given the best possible facility available.
However we have certain rules that have to be met.
You and your product:
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You have to be an established Limited Company.
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You have to have the relevant Consumer Credit License and/or FSA compliance in place. (If you need any advice or assistance on these requirements we will be happy to be of service).
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The expectation of sales could be in excess of £100,000 per year.
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Your product must have a conventional unit/package value in excess of £5,000.
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Your product must not be caste as a ‘fixture or fitting’.
Your customers
Like most businesses you will have a normal customer profile. These may vary and there may be some ‘non typical enquiries’. We can provide for good quality customers as well as those attaining finance because:
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They are starting a new business
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They have weak finances or adverse credit.
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Their present providers will not increase the level of borrowing.
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They require a certain style of facility.
Whats your next step:
You can either use our online enquiry form or
contact us direct for immediate human contact on 0800 0735353.
You are under no obligation and you pay no fees until the commercial finance product is arranged.