Here at Turnbridge, we specialise in finding you the best asset and invoice finance deals. With our unbiased outlook we will search the whole market to find you the most competitive financing facilities available. We have access to lenders from High Street Banks to private lenders. We are paid by the lender ONLY if you progress with the funding meaning we don't cost you a penny.
Here are some of the key benefits and facts about both invoice and asset finance and how they can help you and your business to grow and prosper:
Invoice Finance facilities can be a very good and effective way to improve your business’ cash flow. They are particularly effective as they allow you to access up to 95% of your invoice value and you can receive the funding within 24 hours, allowing you to carry on with your business operations without any cashflow issues. Invoice finance is particularly popular in the construction, recruitment and wholesale sector, although anyone who is paid through invoices can apply for funding. The options available are invoice factoring and discounting. Invoice factoring can be suitable for small to medium sized companies, this is where the lender can take control of collecting the invoice. Whereas, with invoice discounting it is more suitable for larger businesses, as this facility is totally confidential and the business with keep control of their debtor book. For more information, please visit our invoice finance page or alternatively you can phone us on 01244 956740.
This can be an effective way of ensuring that your business can attain a wide array of equipment or machinery (new or used) necessary for it to grow and expand, without losing a large amount of working capital or taking out a conventional loan. Asset finance facilities can allow you to finance up to 95% of the assets value and spread the cost over 1 to 5 years. We offer two types of asset finance options, hire purchase and finance lease. The hire purchase option requires an initial deposit and at the end of the loan period, ownership of the asset will automatically be passed to you. Whereas, with the lease option a deposit is not always necessary and at the end of the loan period, you can decide to extend the lease or buy the asset. For more information, please visit our asset finance page or alternatively you can phone us on 01244 956740.