Overpayment options
A Leading Tooling Retailer
Stock To Meet Demand
Clear Business Finance helps a leading tooling retailer to secure a £190,000 cash advance based on their projected card terminal & online payment system transactions.
The Challenge
A family business founded in the mid 1970's supplying a great range of tooling to the local farming and construction industries, had greatly expanded over the years, recently bringing their product range into the digital era. Now servicing both a physical establishment and an online sales arm, they were committed to holding a large directory to meet the needs of their expanding client base. However, their growing popularity was putting a strain on cash flow.
With very noticeable peaks and troughs in their income throughout the year due to seasonal fluctuation, a traditional business loan with fixed monthly repayments / interest charges wouldn’t suite their needs. The business owners were looking to act but were unsure of the solutions available.
Key Facts
Amount Financed
£190,000
Product
Merchant Cash Advance
Location
Northern Ireland
Contacted us via:
Phone (We are easy to talk to)
The Results
Clear Business Finance worked quickly to understand the intrinsic details of our client's business, subsequently securing them a Merchant Cash Advance facility within a matter of days. The solution provided an immediate cash flow injection totalling £190,000 based on their projected card terminal & online payment system transactions.
Unlike a traditional bank loan, with Merchant Cash Advance there are no fixed monthly repayments / interest charges. Instead, repayments are taken from a small percentage of your future debit and credit card transactions. Simply put - when our client entered a quiet period, they repaid less. Funding that flexes with your cash flow. Pay when your customers pay you!
This solution has helped our client to take on more stock to meet demand, subsequently enabling them to continue scaling their business in a cash flow friendly manner!
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Success Stories
What are your ambitions and how can your business achieve them? Here are a few recent examples of how companies like yours are fuelling their growth plans with the right financial support.
EQUIPMENT FINANCE
Amount Financed
£81,525
We all want the right tools for the job, so you will be pleased to hear we’ve made acquiring equipment a whole lot easier.
#DealOfTheWeek!
Term
4 Years
Equipment
New Large Litho Printer
BUSINESS LOANS
Amount Financed
£250,000
Winning a new contract is great but having the capital to meet the requirements, is just one example of how we help companies across the UK on a daily basis. #DealOfTheWeek!
Term
3 Years
Reason for loan
Contract fulfilment
VEHICLE FINANCE
Amount Financed
£165,000
The MD of a UK based property investment company asked us to organise the finance agreement for her new vehicle. It was a roaring success! #DealOfTheWeek
Term
4 Years
Vehicle
Aston Martin Vanquish S
EQUIPMENT FINANCE
Amount Financed
£468,000
Breaking down the cost of your new plant machinery over a 1 to 5-year term, can allow you to limit your upfront outgoings & protect your cash flow. #DealOfTheWeek.
Key Benefits
Leading Terms & VAT Deferrals
Equipment
Three New LiuGong Excavators
INVOICE FINANCE
Approved Facility
£50,000
Get paid on time, every time. Your invoices can provide you with instant funding. No more waiting 30 - 120 days for payment, get your money upfront. #DealOfTheWeek!
Facility
Full Book
Available funds
within 24 hours
DEVELOPMENT FINANCE
Amount Finance
£151,000
80% of the sites value with no personal guarantees gave our client sufficient time to secure the site and gain planning permission.
#DealOfTheWeek
Facility
Bridging Loan
Term
6 months
EQUIPMENT FINANCE
Amount Financed
£232,500
Protect yourself against asset depreciation & keep up with ever-evolving technology. Finance your tech related acquisitions & upgrade at any point. #DealOfTheWeek!
Client
Two Medical Supercentres
Equipment
Handsets, CRM Integration & PC's
GREEN ENERGY FINANCE
Amount Financed
£550,000
Our client was able to totally remove his business’s reliance on natural gasses and switch to green energy for a fraction of the cost.
#DealOfTheWeek
Term
5 Years
Equipment
500kw Solar PV Install
MERCHANT CASH ADVANCE
Amount Advanced
£190,000
A financial solution where repayments flex in line with your future debit/credit card transactions, mirroring the ups & downs of your business. #DealOfTheWeek.
Available funds
within 24 hours
Client
A leading tooling retailer