Surviving with Finance

If you’ve assessed your cashflow position and things are tight, but you are still in a strong position with a solid credit history, finance may be the solution you are looking for. The business volumes are there, and the cash is still potentially coming in, but you know that there is a gap between your income and expenditure that needs filling.

What are your Options?

Will you be better served by adopting one of the Government’s short-term lending schemes or is a longer-term solution required? Do you need a short-term fix to see you through a short-term issue, or are you looking for longer-term finance not simply to pay the bills, but potentially to invest and grow in the future?

Here we look at various Finance products and schemes, which vary from speeding up your cash flow in the shape of Invoice Finance to injecting chunks of cash in the form of a loan, either via the governments CBILS and Bounce back schemes or more traditional lending methods through alternative Finance providers or the banks.

 

Government Backed Funding Options

Find out if you qualify for any Government backed incentives or finance to help support your business.

Other Funding Options

Businesses have a range of options available to them to support their cashflow, including ‘traditional’ bank loans and overdrafts, and other asset-based lending products such as commercial mortgages. There are pros and cons to every source of cashflow funding, which is why working with a commercial finance broker is usually advised.

Recovery Loan Scheme

To help businesses who have been affected by the pandemic to recover and transition back to business as normal.

Invoice Finance

Raise funds against due invoices, greatly speeding up cashflow

Business Tax Support through Time To Pay (TTP)

A Government-devised scheme for businesses looking to finance their tax/HMRC payments

How can we help?

Touch Financial is an award winning Financial Brokerage and part of the SFP Group.

We work with the leading high street Banks and alternative finance providers, covering Loans, Invoice Finance, Asset Finance and even have a national panel of approved chartered accountants to recommend, should the need arise.

Our business finance experts will:

  • Carry out a free eligibility check on you & your company.
  • Help you get your application together to meet lender requirements. (Working with your accountant if necessary)
  • Recommend lenders based upon your specific needs.
  • Source multiple offers from our panel of lenders.
  • Stay with you through the journey to offer advice and recommendations.
  • Help you plan ahead for any upcoming projects or events.

Call us on 0203 5877700 and talk to us today.

“Their communication and support throughout the whole process was outstanding, I would recommend their services should a business find itself in difficulty.”

Five Times Winner
Best Business Recovery Specialist

“I found working with the team at SFP easy and professional. They told me what was going to happen, when and how it would be managed; then they did their job.”

“Excellent Service. Introduced our company to other companies that has helped move our business forward.”

Six Times Winner
Best Asset Based Finance Broker