One of the most advantageous ways of raising working capital is to establish an overdraft or to use Invoice Finance.
Overdraft
With an overdraft, interest is charged at an agreed margin over 3 months BBA Libor (TM) which changes daily, or Bank of England Bank Rate.
Invoice Finance
With Invoice Financing, a business may be able to free up cash flow by turning invoices into cash. The period before payments for goods and services are due often varies. If your business offers long payment times then you are more likely to need working capital financing, and Invoice Finance is a possible solution.
Whether we provide credit depends on your circumstances, and you must be 18 or over. Lending terms and conditions apply.