Manufacturing

Manufacturers are the backbone of the UK economy, and we specialise in sourcing finance facilities for new orders and business growth – both domestically and overseas. From providing cashflow through Invoice Finance solutions to asset finance for investment in heavy plant machinery, business loans and grants, we can help you secure all the specialist funding you need.

Whether you are involved in printing, engineering, metal, plastics or electrical manufacturing your business can have access to an ongoing supply of cash which grows in line with your sales through invoice discounting or factoring and your customers make payments via a specialist bank account which the business can track online and monitor the amount of funding available.

You can also access Asset Finance or Equipment Finance to purchase new or second hand equipment or machinery via Hire Purchase or Finance Lease facilities.  We also specialise in asset finance to refinance existing plant and machinery and vehicles. 

XL Business Finance offers a viable alternative to bank funding and we understand the challenges many businesses face dealing with the high-street banks. There are many leasing and hire purchase companies providing viable alternatives.

Examples of asset finance funded to date include Printing equipment, Forestry equipment, Engineering equipment, Haulage, Buses and coaches, Computers, Production lines and Scaffolding.

We also have access to many straight forward business loans.  Again, for the right business these can be very competitively priced. Loans can be used for any business purpose such as business growth, to assist working capital, cover a one-off business cost, buy an asset or develop a property.

Your business may also qualify for the Deposit Scheme which provides grant finance to eligible businesses.  We can carry out a grant search to see if your business is eligible for any grant funding.

It goes without saying we have access to the best facilities at prime rates for long established and financially sound businesses however we also have access to finance for businesses with impaired credit or maybe that gone through an insolvency process. New starts are also not a problem.

There will be other funding options available depending on your circumstances such as import finance, pension led funding, stock finance and commercial mortgages so please get in touch to discuss your individual situation.