Economic data from business organisations, such as the CBI and British Chambers of Commerce (BCC), indicates that a UK-wide recovery is gaining momentum, with business beginning to feel more optimistic about the future. But, these same reports bemoan the continuing challenge for many firms in accessing the business finance solutions they desperately need for growth, for working capital, for investment, for acquisition, or whatever their ambitions might be.

The BCC Director General, John Longworth, underlined this recently saying: “We must give companies the opportunity to get the finance they need to go out and trade in the world if we are to succeed in rebalancing the economy.”

The result is that companies are now more ready to look beyond traditional lenders, such as banks, to alternative sources of funding, either in addition to their existing provision or by way of replacement.
What funding is available?

If you have already looked into alternative funding solutions you will be aware that there’s a broad range of products and options to suit all needs and business situations. These can include:

Invoice finance: funding which releases cash directly from your order book, such as invoice discounting, factoring, single invoice finance, invoice trading etc.;

Asset finance solutions: funding based on the value and usefulness of your business assets;

Trade Finance: finance for purchasing products forming part of the trade of your business;

Business loans: secured and unsecured

Supply chain finance and reverse factoring: combination of trade finance and invoice finance

Turnaround finance: specialist debt and equity finance for turnaround situations;

Peer-to-peer lending: increasingly popular with a range of lenders providing services including; loans, trade finance, invoice trading and equity and more.

Finding business finance solutions that suit your needs

Trans Capital Associates have the knowledge and the contacts to identify new or replacement finance facilities, tailored to your specific requirements, when your existing funder can’t help.

In addition to direct links with senior decision makers throughout the whole asset-based lending community, we are also able to connect you with our close network of key turnaround equity providers, and give you access to a wide range of High Net Worth individuals seeking strategic investments. We also have special relationships with both the ‘big 5’ high street lenders and the new challenger banks.

In all instances, when sourcing the right finance for you, the goal is to ensure value is created for all stakeholders – particularly for the existing directors and shareholders – often finding finance to buy out an existing lender in order to facilitate a new strategy for the business.

Set up a confidential consultation with us today to find what business finance solutions are the best fit for your commercial needs.

“We were introduced to Trans Capital Associates when we found ourselves in a difficult position with our finance provider after incurring a significant bad debt from our largest customer.

Following an initial meeting, John worked quickly and efficiently to deal with the issue; first, by speaking with our existing funder to alleviate the immediate pressure, and then by identifying and putting in place a replacement facility. In fact three different funders were brought to the table, giving us various options within a very short period. John kept in regular contact with our existing funders throughout, making the transition smooth and relatively straightforward.”

Phil Hart, Managing Director