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Stocking Finance

Wednesday, May 27th, 2009

Traditional it has only been possible to obtain stocking finance in conjunction with a factoring or invoice discounting facility. It has come to our attentiona that there are one or two specialist funders willing to look at stocking finance on a stand alone basis!

Enterprise Finance Guarantee Scheme

Wednesday, April 29th, 2009

We are now finally starting to see some action from certain banks in providing efgfunding. EFG Funding or the Enterprise Finance Guarantee Scheme replaces the old Small Firms Loan Guarantee Scheme. The new scheme is supposed to be more flexible than the old and enables banks to lend money to busines users where there is a lack of tangible security. however it doesnt make a bad deal good and the banks will only advance if the deal ticks all the right boxes. To date only two banks are responsible for 90% of the lending. XL Business Finance can provide a free asessment of your eligibility for a loan under the scheme.

 
 
 

XL Business Finance Ltd is a privately owned and independent business financing company with established links to many of the UK's leading finance houses. XL Business Finance provides a viable alternative to high street banks that lack the flexibility and imagination to provide a solution to most business users requirements. XL Business Finance can provide a full range of business financing solutions and we ensure a high level of customer service and pride ourselves on quick decisions. Our independent status will ensure any offer of funding and asset finance leasing is best suited to our customer’s needs.

XL Business Finance, Eaton Place Business Centre, 114 Washway Road, Sale, Cheshire M33 7RF UK.

 

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