By listening, understanding and working together, we will solve your cash flow problems giving you access to funding you need to enable your business to reach its potential.
Skipton Business Finance is able to offer the following facilities:
Factoring
Factoring is the process of releasing cash tied up in outstanding invoices and Skipton Business Finance will advance up to 100% of the value of invoices outstanding on your sales ledger, allowing you to put the cash to work without waiting for payment. But what makes Skipton Business Finance different is that our facility is backed by award-winning service levels and a flexible approach, meaning that we look at businesses from a holistic point of view and try to tailor the right solution to fit around that business.
Skipton Business Finance's Factoring service will also provide you with a professional credit management service meaning that we take responsibility for securing the payment from your customers. Another less thing for you to worry about.
For more information please go to our Factoring section
Invoice Discounting
This is a form of invoice finance which allows you to immediately release cash tied up in unpaid invoices, allowing you to put cash straight back in the business as soon as it has been earned.
You continue to invoice and collect the invoices in the normal way and the service is confidential so your customers will notice no changes. We can proudly say that our facility is backed by award-winning service levels and a flexible approach meaning that we never use a “computer-says-no” approach and that decision are always based on a businesses’ individual merits. Another reason to choose Skipton Business Finance.
For more information please go to our Invoice Discounting section
Enterprise Finance Guarantee
Skipton Business Finance has been selected to join an exclusive panel of lenders who can offer the government’s Enterprise Finance Guarantee, or EFG, scheme. This additional support via a term loan can be used in addition to traditional working capital facilities to provide access to increased levels of funding.
