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Wholesale

Wholesalers in the UK face a number of challenges with declining margins, increasing payment terms and soaring overheads. Our finance solutions provide wholesalers with working capital, improving your business’s cashflow position and enabling you to focus on running your business.  We provide funding to a range of businesses including food, electrical, clothing and chemical wholesalers.

Wholesalers can benefit from many different finance options including Invoice finance, Stock finance, Revolving credit and Trade Finance.

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.  In addition, a service fee will be payable on a monthly basis and an interest rate applied which will be very similar to a bank overdraft.

Stock Finance has the benefit of boosting working capital, enabling business growth.  The facility is secured against the stock, and can take the form of a revolving, flexible funding facility.  Stock Finance (also known as Asset based lending) is used in conjunction with an invoice discounting or factoring facility as there are no standalone facilities currently available in the market place.

Revolving credit is a line of credit where the business pays a commitment fee and is then allowed to use the funds as and when required. It is usually used for operating purposes and can fluctuate each month depending on the customer’s current cash flow needs. Revolving credit facilities offer a real and credible alternative to the bank overdraft.

Trade Finance may also be a viable funding option with advances from up to 80% – 100% of the confirmed order value, paid to your supplier. Trade Finance will pay your supplier or open a letter of credit and you deliver the goods and trade finance invoice your customer once the goods have been delivered to and accepted by them.

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 to you depending on your circumstances such as asset finance, import finance and pension-led funding so please get in touch to discuss your individual requirements.

How we have helped our clients

Can secure more orders but need to hold more stock.

A client that we have funded vehicles before approached us for a term loan to buy more stock. They are a re seller of mattresses. They have an opportunity to


Far better margins if we buy direct from abroad

We have a client who is a re-seller in the plumbing sector. For years they have bought goods from UK manufacturers but they have the option to buy the same


Read more case studies
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Other products to consider

Business LoansBusiness Loans

  • Flexible.
  • Fast decisions.
  • Independent from your bank.
  • For any purpose.

trade financeTrade Finance

  • Unique funding facility.
  • Immediate and ongoing supplier of cash.
  • Can be completely confidential.
  • Access to professional team to manage contracts.

stock financeStock Finance

  • Improve cash flow.
  • Revolving facility.
  • Ideal for supporting growth.
  • Can be used with all types of stock.

revolving credit facilitiesRevolving Credit Facilities

  • Ongoing funding support.
  • Grows with your business.
  • Improves working capital.
  • Only pay interest on what you use.

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Stockport Road,
Cheadle,
Cheshire SK8 2EA

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Manchester
0161 980 0577

London
020 3301 4540

XL Business Finance Limited are authorised and regulated by the Financial Conduct Authority FRN 718737
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