The Professional Services Sector includes varying organisations with differing financial requirements. XL Business Finance has over 15 years experience in raising finance for businesses in this sector and we can provide the advice to secure the best funding facilities possible such as business loans, invoice finance and pension-led funding.
We are one of the leading specialists in the provision of competitive business loans; Secured or Unsecured, between £5,000 and £1,000,000 with repayments up to 10 years. 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.
Invoice Finance allows you to raise cash quickly against your unpaid invoices. You receive up to 95% of the invoice value and the remainder when the invoice is paid (less a fee). Cashflow can be critical in this industry with possible lengthily project times so Invoice Finance can be a sound option.
Pension-led Funding allows businesses to release the value of intellectual property via a private or occupational pension fund. Intellectual property includes Patents, Copyrights, Designs, goodwill, trading banes, domain names. All these intangible assets, whilst they have a value, are rarely used by banks to secure borrowings.
It goes without saying that 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 have gone through an insolvency process. New starts are also not a problem.
There will be other funding options available to you depending on your circumstances such as asset finance, revolving credit and grants so please get in touch to discuss your individual requirements.
The Department for Science, Innovation and Technology (DSIT) recently announced a £7.4 million pilot scheme to subsidise the cost of AI skills training for small and medium-sized enterprises (SMEs) in the Professional
You can spread the cost of your HMRC Self-Assessment tax bill, Corporation Tax or VAT bills using a easy to arrange solution that will ease any pressure on your cashflow.