• Unsecured business loans for new start companies are generally hard to source via the lending panel.

    Without a history of trading it would be difficult to access an unsecured business loan.

    However, the secured business loan option is perfect for introducing working capital into the newly launched company.

    Based on a loan to value available from a property owned by the directors, it provides injections of capital from £25,000 up to £1m, and offers extremely tailored repayment options.

  • Trade finance will enable the new start business to improve cashflow and sales by funding the confirmed purchase orders.

    Trade finance allows the business to purchase stock (goods) using the lenders’ funds.

    It ensures the company’s supply, for example the goods in the warehouse, are well stocked and in place to meet orders.

    Cross border finance is available.

    Stock finance is a method of refinancing the existing goods in your warehouse to generate working capital. Rather than sitting on shelves, stagnating, you can release a percentage of the value and benefit from a capital injection.

  • Quick release of cashflow tied up in your sales ledger.

    Release up to 90% of the value in each invoice.

    Invoice Discounting is available, giving the business the opportunity to collect the invoices themselves.

    This option means your customers will be unaware of your utilization of invoice finance.

    Or, Invoice Factoring provides a credit collection facility, meaning the funder will chase payments for you.

    Cross border options available. Bad debt protection also available.

  • Equipment finance is often available from the lending panel for new start businesses.

    Available for hard and soft assets (machinery, vehicles, heavy plant, IT, telecoms, catering equipment, etc).

    Tailored or seasonal repayments to further benefit the businesses early cashflow.

  • If your business uses a card machine a merchant cash advance could be up to 120% of your average monthly revenue.

    The repayments are based on a percentage of monthly card transactions, a flexible repayment process, tailored to suit your busy and slow periods.

    Some lenders will consider with just 3 months bank statements.

    Borrow from £5,000 up to £150,000.

LAUNCH | NEW START BUSINESS

  • Inadequate capital can be an issue for growth businesses.

    The business loan is perfectly placed to meet those working capital and cashflow demands.

    Can be used to finance HMRC bills, such as VAT and corporation tax, recruitment costs, marketing, month-end spikes, and much more.

    Borrow from five to seven figures, with repayment terms from 3 months to 72 months.

  • As Investopedia states so succinctly:

    “…trade finance ensures fewer delays in payments and in shipments allowing both importers and exporters to run their businesses and plan their cash flow more efficiently. Think of trade finance as using the shipment or trade of goods as collateral for financing the company's growth.”

    Perfect for the growing business.

    The same applies to the stock finance facility for the growing company. The goods may not be shifting from the shelves as quickly as you’d like, but they could still retain a refinance value, which would generate a capital injection for the business.

    Ensure future orders can be met, protect against any reversal in growth due to a lack of available goods.

  • Invoice discounting could be ideal for the growing business, as it ensures the company’s customers are unaware the invoices are being financed.

    Up to 95% of each invoice can be financed.

    Cashflow consistency is vital for the growth business, and invoice finance is well placed to offer this benefit.

  • Being able to purchase vital equipment to continue the growth and expansion of the business can be stymied by a lack of working capital.

    Equipment funding for the growing business opens up many routes to finance.

    New equipment can be turnkey production lines, heavy machinery, lorries, blast freezers, IT upgrades, shop fit-outs, vending machines, catering equipment, dental chairs, ophthalmic equipment…an endless list.

    Terms include zero deposits, pre-leases, seasonal repayments, incremental repayments, deferrals on VAT, and much more.

  • The growth business will normally have accrued numerous assets which will sit on the balance sheet.

    From debtors to stock, plant & machinery to property.

    These assets can be used to secure higher than normal working capital funding, such as expansion or acquisitions, or even MBO’s and MBI’s.

GROWTH

  • Up to eight figures.

    Tailored repayment terms.

    Institutional finance for larger projects, like acquisitions or expansion.

  • Trade and export finance.

    Integrated foreign exchange services.

    Purchase order finance.

    Supply chain finance.

  • Up to 95% of invoice.

    Invoice factoring, and invoice discounting.

    Receive payment typically within 24-hours.

    Flexible and tailored.

    Online account management.

  • Up to eight figures.

    Pre-lease, finance lease and lease purchase options for new equipment finance.

    Green asset finance.

    International payments.

  • Cap-Ex lines of credit.

    Up to eight figures.

    Bespoke and tailored draw-down.

  • Debt, equity and hybrid.

    Acquisition finance.

ESTABLISHED

MATURE

In addition to the options for the established business, mature companies may have one eye on succession plans.

  • MBO and MBI.

    Industry contacts offering guidance and potential candidates for acquisition.

KEY FEATURES

Secured Business Loan

From £25,000 up to £1,000,000 - interest only options - repayment holidays - bullet loan terms - uplifts to advance

Trade | Stock Finance

International reach - suppliers paid on your behalf - access to goods to boost sales

Equipment (Asset) Finance

International reach - seasonal repayments - staggered repayments - syndicated if required - VAT deferral - VAT spread over term - line of credit to draw-down - pre lease facility for lengthy delivery/installation timescales - over 100 lenders

Invoice Finance

Foreign currency invoicing - confidential invoicing - factoring - up to 90% of each invoice financed - receivables funding - multiple lenders to choose from

Business Loan

Can be used for many purposes, from HMRC bills to working capital - five, six and seven figure advances

Credit Line

Up to eight figures - pre-approved funding, ready for ad-hoc draw down - terms locked in for twelve months

By using Lifecycle for your business finance requirements you will be tapping into nearly twenty years experience, and always be assured this knowledge and resilience will be applied to your proposals, each and every time.