Skipton Business Finance has funding lines enabling us to provide from £25k up to £5 million for companies with turnovers equalling £30 million.
Over the last ten years, we have built up an extensive history of dealing with a wide range of companies across various sectors and business types.
Sectors We Fund
Manufacturing
The UK has the 6th largest manufacturing sector by output in the world and an invoice finance solution provided by Skipton Business Finance, such as factoring or invoice discounting, can help manage manufacturers ease cash flow headaches caused by payroll obligations and supplier debts. Clients include steel stockholders, precision engineering companies, chemical manufacturers and many many more. More >
Transport & Logistics
This sector is worth £75 billion to the UK economy alone, but companies may be struggling with record fuel bills and debtors taking longer to pay, making invoice finance an ideal solution. Skipton Business Finance is proud have supported this industry with a number of factoring or invoice discounting solutions to a range of hauliers and couriers throughout the UK. More >
Services
Over 70% of UK business is in the Services sector meaning there are many companies that could benefit from invoice finance solutions, which can help to quickly release locked-up cash in invoices. Traditional lenders are usually wary of lending to businesses against non-tangible assets which is why lending against invoices is the perfect solution. More >
Recruitment
This is a crucial sector to economy to place right people in right job, and, with recruitment agencies often being the last to be paid, creating adequate cashflow can be hard. Skipton Business Finance can provide invoice finance solutions such as factoring or invoice discounting facilities to help businesses get access to capital as and when an invoice is raised. More >
Type Of Businesses We Fund
Phoenix
One in three new businesses set up will close quickly and many may be suited to being phoenixed. Having sufficient cashflow is crucial to giving your phoenixed business every chance of succeeding, and that's where invoice finance such as factoring or invoice discounting can help. More >
New Start
There are many new sole traders in the UK who will have chance to expand operations and grow in the upcoming years meaning that they will need to ensure their cashflow is adequate, which can be boosted by invoice finance solutions. More >
Acquisitions
50% of acquisition attempts made by UK businesses don't work, and that mainly comes down to lack of adequate cash flow to fund such ventures. However, an invoice finance facility can help acquisitions go through and fund higher levels of capital. More >
Single Debtor
Many finance providers won't fund single debtor companies due to poor perceptions of this type of business. However, Skipton Business Finance is able to see potential and will overlook stereotypes to attempt to provide a funding solution suited to your business. More >
Refinancing
Often businesses choose funding methods that doesn't suit their requirements. If your business wants a funding solution that grows in line with your business and can provide you more cash as you expand, an invoice finance solution could be just what you require. More >
