Most businesses need financing for purchasing, production, payroll, rent, distribution and other operating costs. The challenge is to determine the most advantageous methods of raising working capital. In this respect we offer a broad range of finance options to our Corporate customers.
Available Short term or Working capital facilities include overdrafts, short term advances, acceptance credits and guarantees. These are often provided under the umbrella of one facility referred to as a "Multi-Option Facility" or "MOF", giving greater flexibility to our customers.
Finance may be in GBP, USD, EUR or other major currencies. Interest rates are based on a reference rate plus a margin and interest rate hedging is available where appropriate.
More information can be obtained from your Account Manager.