Commercial Finance Newcastle
Is a lack of funds holding your business back? Are you looking for commercial finance Newcastle, or anywhere else in the UK? We can help you to find the best financial solution for your unique business and unique circumstances.
If you want to buy a business but don’t have enough cash in the bank, we can step in and help. Whether you want to grow your business, buy stock from abroad, expand, relocate, consolidate, or simply fix your day to day cashflow, The Exit Co. are here.
if you are looking for commercial finance Newcastle, get in touch today and we can help!
Invoice Finance
Issuing invoices on 30 day terms (or more) is common practice in most industries. This lag between issuing an invoice and payment being received can affect your cashflow. This is when invoice finance can help.
With a wealth of different providers, deals and variables out there it can quickly become overwhelming.
We’ll make it straightforward. We’ll find you the right partner and the right deal for your unique situation and we’ll make the whole process easy.
There are 2 main types of invoice finance...
Invoice Factoring -
Disclosed to customer, provides quick access to 85-90% of invoice value, also provides credit protection and credit control
Invoice Discounting -
Similar to factoring but confidential/not disclosed to customer
Trade Finance
Whether you import or export, trade finance helps to keep your business moving.
It can increase confidence and remove doubt from transactions by guaranteeing payment and help to strengthen relationships between suppliers and customers.
There are a range of products and options that fall under the umbrella of Trade Finance,
these include…
Import/export finance – bridges the gap between payment and receipt of shipment
Supplier Chain Finance – ensures sellers are paid quickly and gives buyers extended terms
Contract Finance – short-term finance secured against a specific contract or purchase order
International Factoring – similar to invoice factoring but with international parties
International Asset Finance – asset finance for businesses based outside the UK
Stock Finance – provides funding for the purchasing of stock (local or international)
Letters of Credit – increases confidence. Gives an exporter a guarantee of being paid
Forfaiting – enables exporters to offer extended payment terms to their customers
Asset Finance
Asset finance allows you to borrow money and secure it against the value of an asset; either the asset that you are buying or an asset than you already own.
There are a plethora of products and options available to you, but we’ll make it easy to find the right solution for your business. Options include but are not limited to…
Hire Purchase – pay in instalments and own the asset at end of agreement
Finance Lease / Lease Purchase – enables you to lease an asset instead of buying it
Refinancing – raise funds secured against existing asset/s
Operating Lease – enables access to assets that are only needed for a short time or assets that become obsolete quickly
Sale & Lease Back – unlocks the capital in high value assets
Stock Finance – funding to buy stock
Small Business Commercial Finance Newcastle
Whether you’re a sole trader, partnership or limited company, if you’re an SME we’ve curated a selection of products designed to unlock the funding you need to grow and prosper, including funding from government or the private sector.
Our small business commercial finance Newcastle provides a suite of products including…
Government loan of up to £25,000 at 6% fixed interest rate
The government guarantees 80% of your loan, helping lenders say YES instead of no!
Flexible option for a wide range of credit histories
Lending secured against assets to enable better terms
Property Finance
If you want to acquire or redevelop a property, free up equity, build up a pension fund, refinance or secure a better rate, we can help. We have access to a wide variety of options from an impressive range of providers. With our knowledge and experience we’ll help you find the best option for your business.
Our offering includes…
Funding to acquire property or borrowing secured against existing property
Quickly raise funds or acquire property pending a longer-term solution being put in place
Loan secured against multiple properties
Funding to cover construction, conversion or land/costs
Top-up facility ensuring sufficient funds to complete development
Crowdfunding & Peer to Peer Lending
There are businesses out there that need funding. There are investors out there looking for investments.
Crowdfunding and Peer to Peer Lending provide that connection. This can take place in a number of ways and via a number of different routes.
We’ll support you, advise you and ensure your proposal is optimised to get you the best deal possible.
There are 2 main types of invoice finance...
Equity Crowd -
funding in return for equity in your business
Debt Crowdfunding -
secured and unsecured loans
Merchant Services
We provide a range of merchant services for businesses of all shapes and sizes. Perhaps you want to start taking card payments either in person or online. Perhaps you already take card payments but feel you’re paying too much commission to your provider. Or perhaps you have a history of taking card payments and you need cash fast for an unexpected expense.
Our range of merchant services includes…
Business Cash Advance – ending for retail or leisure businesses with 6 month history of card sales
E-commerce – pay a lower commission on online payments
Phone Payments – take credit/debit card payments over the phone
Payment Portals – send your customer a link to make a secure card payment online
Credit/Debit Card Terminals – provides funding for the purchasing of stock (local or international)
Letters of Credit – hardware for taking in person card payments
We Provide More Than Commercial Finance Newcastle!...
As well as the many products and services already highlighted, such as commercial finance Newcastle, we have a range of additional commercial finance products that includes (but is not limited to) the following…
Pension Funding – Use a Director’s personal pension to provide funding either as a loan or in exchange for equity in the business
Personal Guarantee Insurance – Protects your home and assets when you sign a ‘personal guarantee’ on a business loan
Credit Insurance – Protection against non-paying customers
If you need working capital or any type of commercial finance Newcastle or beyond, our specialists can help you fast!