Our Supplier Finance solutions provide an effective way for companies to manage their working capital, improve P&L and reduce risk as well as strengthening relationships with suppliers.
Businesses who receive invoices from suppliers on a regular basis and wish to support their suppliers optimise working capital or mitigate risk.
Businesses incorporated in the UK or Northern Ireland and trading for 3+ years.
Medium and large sized businesses.
- An optimised working capital position.
- Opportunities to benefit from any trade discounts that may be offered by suppliers.
- Reduced risk for you and your suppliers.
- Reduced administrative burden – via fewer payment queries from suppliers.
- Strengthened relationships with your supply chain.
Working capital management and risk management are key issues for companies of all sizes across all industries. Our Supplier Finance products address these issues by providing simple to use, trade related funding solutions that will optimise working capital for you and your suppliers, improve P&L and help to mitigate your supply chain risk and your supplier’s non-payment risk.
How we can help you
Our Supplier Finance product could be suitable for companies who have regular payments to multiple suppliers and it is designed to complement your existing Accounts Payable process. Our relationship with you and our understanding of your business enable us to offer the suppliers the opportunity to advance payments ahead of the trade terms you have negotiated with them; thereby improving their working capital and reducing their risk of non-payment. Our service allows you to optimise your working capital position and benefit from any trade discounts that suppliers may offer in return for prompt payment.
An implementation fee is payable, however there are no ongoing fees payable by the client. Suppliers pay an interest fee based upon usage each time they use the facility.
All lending is subject to status and lending criteria. The right to decline any application is reserved.