NEED FUNDING OR CASHFLOW FOR YOUR BUSINESS?
Our team are on hand to offer you true ‘one-stop shop’ view of your options. Our focus is to provide you with a fully managed and professional service to secure the most competitive funding offer available from the entire market.
Simply fill out our Quick Form and one of our Team will be in touch to see how we can help you.
NEED FUNDING OR CASHFLOW FOR YOUR BUSINESS?
Simply fill out our Quick Form and one of our Team will be in touch to see how we can help you.
According to the British Business Bank, ALMOST HALF (45%) of SME’s applied for external financial support in 2020, compared to only 13% in 2019.
Gross Bank Lending to SME’s was up +82% to £104bn with significant demand expected through 2021 and into 2022.
Looking for financial support for your business is more common now than ever.
You may have reached your limit on government-backed support, but the impact of Covid-19 can leave you exploring more options to support your business in 2022.
“I wanted to raise funds for my business that needed specialist machinery to enable us to grow and the Kudos team were excellent to deal with. Really straightforward and I wouldn’t hesitate to recommend them”
“I wanted to raise funds for my business that needed specialist machinery to enable us to grow and the Kudos team were excellent to deal with. Really straightforward and I wouldn’t hesitate to recommend them”
Northeast Company providing Heating and Ventilation Systems Approved for a £200k Facility
Labour Services Company Approved for £500k Facility
Metal Fabrication Business £40,000 Loan Facility Secured by Kudos Commercial Finance
OUR SIMPLE, QUICK and
CLEAR PROCESS...
We keep our process simple and jargon free. Our friendly team talk you though your funding options, in a clear way, meaning that you get an easy understanding of the different types of funding support available.
READY TO GET IN TOUCH?
Fill out our Quick Form and one of our Team will be in touch to see how we can help you.
ASSET FINANCE
Financing an Asset via your business is a great way of either purchasing equipment that you need to support business function or raising finance against an existing asset to aid cashflow or investment in other business areas. This can include Plant, Machinery, Vehicles, Production Equipment, IT and Telecoms Systems and even ‘Small Ticket’ items from £2K in capital value.
Hire Purchase – This allows you to purchase an asset taking ownership at the end of the agreement. Hire purchase is available with and without a balloon payment at the end of the finance period. Typically the funder will require you to provide 10% of the asset value and VAT up front as a deposit with the balance paid back over 84 months (asset dependant).
Finance Lease – With this type of agreement, the asset remains the property of the finance company, while you, the customer, retains and uses the asset, paying for its hire over the length of the lease term. With this type of agreement you pay the VAT across the period of the lease meaning a much smaller deposit is required.
Re-Finance/ Sale and HP back – This is where you own an asset and are wanting to release some equity from it. This would also allow you to restructure existing agreements into one monthly payment usually reducing the monthly outgoing.
KEY BENEFITS OF ASSET FINANCE…
- It provides you immediate use of the asset without paying for it all at once.
- It frees up working capital and bank loan / overdraft facilities for business growth.
- The Lease contract is structured for the length of time you require use of the asset .
- Sale & Leaseback allows you to release capital in assets you already own.
- It offers the most tax efficient structure for your business.
No matter what the age and size of your business or the type of asset you have in mind for financing we can normally provide a workable and cost-effective solution to improve the cash flow into your business at rates often far better than overdraft terms and some business loans.
One of our specialist Asset Finance team will be happy to review and discuss your options.
BUSINESS LOANS
Business loans are very common and are often one of the first options for businesses looking to raise finance.
Types of business loan
There are various types of business loans available and it’s important to understand the differences before you make your choice.
The key types are:
A Line of Credit Loan or Revolving Credit Facility
They are often compared to overdrafts. It allows you to withdraw money as and when you need it, within an agreed limit, over an agreed period of time.
Secured and unsecured loans
Loans can be secured against assets, such as property or equipment. They may also be unsecured, meaning they are not backed by any assets and can be structured over a short to longer term basis.
Once we understand your need for Funding, one of our specialist Commercial Finance team will be happy to review and discuss your options.
INVOICE FINANCING/FACTORING/
INVOICE DISCOUNTING
Uncomplicated Advice on the Best Invoice Financing Solution for Your Business – Available to both start up and established business clients.
Invoice financing is a way of obtaining money based on what your customers owe to your business. It works by using unpaid invoices to represent money that will be paid to you, avoiding the usual wait for customers to make payment to you often on their terms.
No matter what the age and size of your business we can normally source a workable and cost-effective Invoice Financing solution to improve the cash flow into your business at rates often far better than overdraft terms.
Key benefits of an Invoice Financing Solution include:
- Up to 100% of the Invoice Value paid to you on issue.
- On-line process and cash paid into your account the same day or the next day.
- Facility available to new start business with turnover from just £100K per annum.
- Customer bad debt insurance can be included if necessary to give additional peace of mind.
- Invoice Financing can be offered to most Business types and Industry Sectors.
- Facilities can be arranged to fund all or just some of your chosen invoices.
- Easy to set up and the service can be operational within 7 – 10 working days.
READY TO GET IN TOUCH?
Fill out our Quick Form and one of our Team will be in touch to see how we can help you.
OUR SIMPLE, QUICK and
CLEAR PROCESS...
We keep our process simple and jargon free. Our friendly team talk you though your funding options, in a clear way, meaning that you get an easy understanding of the different types of funding support available.
3 Simple Steps
1. IT’S ALL ABOUT YOU…
We need to know as much information as possible about your business and the reason for the funding.
2. FINDING THE RIGHT SOLUTION FOR YOU.
Through our established Lender Partner network we access over 250 alternative UK based Commercial Lenders and Banks, to prepare the right solution for your business and financial situation.
3. YOUR OPTIONS.
Once we have found the best deal for you, we will send you a full report and breakdown of what is available. Your dedicated Kudos Commercial Finance partner is available to discuss your options in as much detail as you need.
Go fast, or take your time, it’s up to you. We will always be led by your needs and whether you want things to move fast or you want more time to consider your options. It’s no problem.
Fill out our Quick Form and one of our Team will be in touch to see how we can help you.
Why Use A Specialist Commercial Broker for your Business Funding?
We are genuinely independent, wholly impartial and we offer straightforward honest advice, given freely and without obligation. Through our established Lender Partner network we have immediate access to over 250 alternative UK based Commercial Lenders and Banks. All of our Lending Partners have funds available to lend and are genuinely still keen to support the right proposition and provide a genuine and viable alternative to the High Street lenders.
If your own Bank has failed to offer the support you need then call us.
We will quickly assess all the available options for you and we will do everything possible to find a workable and affordable business solution.
Time and again we prove to our clients that we can secure funding where others fail and, in the majority of cases, our advice will save you very significant amounts of money over the course of the finance facility.
Don’t just assume that your bank or high street lender options are your only options. Many times, we can arrange finance that is better suited to your situation and needs.
The Benefits of using a Professional Broker
We offer all our clients a true ‘one-stop shop’ facility, our focus is to provide you with a fully managed and professional service to secure the most competitive funding offer available from the entire market.
We will fully package and submit the lending proposal to ensure your funding application is processed quickly and efficiently with funds available in the shortest possible time. In addition, we can, if required, organise any asset valuations, insurances and legal support necessary to complete various transactions.
Whatever your Commercial Funding requirement we offer you a free, impartial and totally confidential initial consultation and we will quickly assess the funding options available to you. Please contact us today to see how we can help or submit an enquiry and we will contact you.
Telephone: 01325 638 030
Monday to Friday 9.00am to 5.00pm
Unit 8 & 9, Parsons Court, Welbury Way, Newton Aycliffe, Co Durham, DL5 6ZE