← What we place
Working capital
General-purpose funding for the gap between paying out and being paid. The broadest category, which is exactly why the wrong structure gets sold here most often.
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Who it suits
- Seasonal or lumpy trading
- Funding a known, dated gap rather than an open-ended one
- Bridging to a contract or a receipt you can evidence
How it works
- A term facility is drawn once and repaid on a schedule.
- A revolving line is drawn and repaid repeatedly, and you pay for what you use.
- Pricing turns on trading history, security offered, and how predictable your revenue looks.
What to check before signing
- Daily or weekly repayment schedules. They are a cashflow decision dressed as a rate.
- The total cost of credit, not the headline rate.
- Whether a fixed charge is being taken over the whole business for a modest sum.
- Anyone quoting a factor rate rather than an interest rate.
What we will need
Six months of bank statements
Last two tax returns
P&L and balance sheet
Debt schedule