Business Finance
Supporting your Growth at Every Stage
We understand that access to affordable finance is crucial for business growth at every stage.
Start up
If you’re starting a new business, we can help you secure the right kind of capital at the right time, whether it’s through a secured or unsecured loan.
For both of these loans the lender may also look at personal credit history and personal assets and might ask for a personal guarantee.
Secured Loans
A secured business loan allows the borrower to use assets as security against the amount borrowed.
Unsecured Loans
These provide upfront capital without requiring security. There are many different unsecured business loan options available. A borrower can access funding quickly, sometimes on the same day. The lender has no security and will look into the borrower’s business profile.
Growing Up
As your business grows, it is normal to experience some growing pains. You may break through the VAT threshold with early growth. You may need cash flow support or access to VAT loans. We can help power your journey by assisting you in finding solutions.
VAT loan
Facing a large VAT bill but waiting for customers to pay you?
A business can get help from a lender for a VAT loan. where the lender pays the borrowed sum directly to HMRC to settle the outstanding VAT. The business pays the lender back in monthly instalments. The repayments can be tailored to suit the business with the potential to be spread across a period of 3, 6, 9 or 12 months.
Merchant Cash Advance
Are your payments by card machine frequent?
If so, then a merchant cash advance could be something to consider – we can help you set up
These products work by lenders providing you with a cash advance, which is then repaid as a percentage of your customer’s card payments. The advance is repaid in line with your business sales, this can help balance out cash flow. Card sales provide security to the lender and the higher your card sales turnover, the more you can usually borrow. No additional collateral is usually required.
Access your invoices early
Are you now working with multiple customers? Are you facing a gap between sales being made and invoices being paid?
Invoice finance can help you better manage your cash flow by bridging the gap between the point at which you make a sale and the time it takes for payment to be received from the debtor. This means you can gain access to your cash immediately and avoid the wait for the usual payment terms. See our dedicated page for this popular product.
Scaling Up
You may be taking the business to a new level, hiring staff, looking for premises, or perhaps even looking to acquire another business. Futurity can help!
Buying Premises?
We have an amazing property finance capability if you are looking for premises. We can secure short-term bridging, development finance and term mortgages. See our dedicated property pages.
Importing/exporting or working in complex supply chains?
If you’re involved in sourcing materials from overseas for a large order or working with multiple suppliers in a production process, we can help you with finance solutions based on unsecured cash advances for your suppliers. This means that your suppliers can get paid early. The finance is determined by the credit score of the buyer, who is usually a larger company than the supplier. Since larger buyers are more likely to honour invoices from their smaller suppliers, lenders can consider the overall supplier/buyer mix and lend against the invoice value. This allows suppliers to receive 100% of the fees they’re owed as an advance from the lender, providing them with timely access to cash.
Acquiring a business?
If you’re looking to quickly increase your wealth, consider acquiring another business or adding a bolt-on to your existing one. Our team of expert brokers has decades of experience in UK financial services and has led teams on merger and acquisition deals. We can provide access to structured finance lending and help you analyse your business and the target business to identify value pools. By leveraging the assets of both companies, we can offer structured products such as property, asset, and business financing solutions to facilitate the acquisition.
Selling Up
If you are considering selling or exiting your business, we can offer you finance solutions that could be beneficial. This support can be utilised by an existing management team for a management buyout or by an external buyer who may require access to capital for an acquisition.
We offer a variety of tailored financial products to meet your business needs, both now and in the future.