Boost your cash flow
Trust Payments has partnered with Funding Options by Tide, which scans a panel of lenders to find working capital products which could be right for you.
If you need to free up cash for a new contract or to pay for an unexpected cost, working capital funding might be just what you’re looking for. You can boost the working capital available to your business so you can focus on running it.
Working capital finance is designed to boost the working capital available to your business. The amount you can borrow and eligibility depends on a number of variables such as your business’ profitability and its creditworthiness. Several options are available including:
Working capital loans are normally over a short or medium term, designed to boost cash in the business to go after new opportunities.
Invoice finance is based on money owed to your business, and you normally get a percentage of the value owed via one invoice or the entire debtor book.
Overdrafts are hard to get with a business bank these days but there are lots of flexible business overdrafts, which are a great way to finance working capital at short notice when you need it.
Similar to overdrafts, revolving credit facilities give you a pre-approved source of funding that you can use when you need and direct the money to wherever you need it.
Trade finance is more complex and often involves arrangements like prepayment for the shipment of goods from overseas manufacturers. Supply chain finance lets buyers delay payment for longer while suppliers are paid from lenders immediately.
If you can’t get enough funding via an unsecured business loan, you can often use valuable assets in your business to raise finance via an asset refinance. The amount you can borrow depends on the value of the items used to secure funding against.
If your business accepts payment from customers using card terminals, you can apply for cash advances expressed as a percentage of your average monthly card takings. Repayments are also taken as a percentage of future card revenue.
This is funding available specifically designed for paying VAT or corporation tax. Getting a loan for your tax bill allows you to spread the costs over 3-12 months, so you'll have a bit more cash available for other things in your business.
Legal Disclaimer
Funding Options, now part of Tide, helps UK firms access business finance, working directly with businesses and their trusted advisors. Funding Options are a credit broker and do not provide loans directly. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Funding Options can introduce applicants to a number of providers based on the applicants' circumstances and creditworthiness. Funding Options will receive a commission or finder’s fee for effecting such finance introductions.
Based on the amount you borrow, Trust Payments will earn Commission from Funding Options if you secure lending through the Funding Options marketplace.
Funding Options, as well as their panel of lenders, may run personal and/or business credit checks as part of your application to assess your eligibility and creditworthiness for funding.
Trust Payments has no influence on the choice of lender or product you make and does not endorse or promote any lender on the Funding Options marketplace.
Trust Payments does not guarantee any Service received from Funding Options and/or their panel of lenders.
If you click through to Funding Options you will be leaving Trust Payments and entering the Funding Options website which is subject to their own Privacy Policy and by using Funding Options, you hereby consent to the sharing of your personal data with Funding Options and their lenders.
Security is our top priority at Trust Payments and we strive to ensure that all data is kept secure at all times We keep all customer data safe with AES256 encryption, SSL Certificates, and a minimum of TLS1.2, between your website and our datacentres.
Our systems are scanned quarterly using the Qualys PCI Platform, an independent Qualified Security Assessor (QSA) and approved vendors – Omnicybersecurity (UK) & Forgenix (US) – to ensure compliance with the security requirements of the card schemes.
We follow a number of rigorous security procedures on a daily basis including, but not limited to, continuous monitoring of our perimeter, dark web monitoring, and internal checks to ensure that CIA triad is maintained at all times.
Fill the form below to sign up to our mailing newsletter.
