Successfully Funding Thousands Of UK Limited Companies Since 1989
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The financial services sector is a major part of the UK economy and a significant employer. It supports business success in this country and abroad with innovative products and services, and oils the wheels of consumer finance, from direct debits to credit cards.
The UK’s position as a leading provider of financial services reflects the high standards of financial education we offer, and the number of talented individuals developing cutting-edge fintech products.
Even established financial services companies cannot relax their efforts, however, given the pace at which technology is advancing, plus the fact that new start-ups are constantly entering the market.
UK Business Finance can help your financial services business to grow and develop with flexible commercial finance products that help you adapt to changing needs and bring your strategic plans to fruition.
Data breaches
Data breaches are a significant concern in the sector given the sensitive financial and personal information typically held. A cyber attack or data leak could damage a business's reputation in the long term and result in a hefty fine.
Changing regulations
The government’s extensive package of regulatory reforms for the financial services industry, known as the ‘Edinburgh Reforms,’ will lead to changes to a broad range of regulations in the coming months and years.
A crowded market
Operating successfully in this crowded marketplace requires a clear brand identity and agility to change direction when necessary. The innovative environment of financial services means entrants with a new offering could quickly take a market share from older firms.
We can help you find the funding you need to grow your business and compete effectively in this burgeoning sector. You could use the funding to recruit new talent, for example, invest in advancing technology, or to better manage cash flow.
From revolving credit to hire purchase and asset refinancing, our team of experienced commercial finance brokers can search the whole of the market for the best quotes.
Revolving credit
Revolving credit is a form of working capital finance that gives you access to additional cash when your business needs it. It is similar to a bank overdraft as you have a credit limit and can use the credit facility as and when required.
Hire purchase
Hire purchase facilitates the buying of expensive assets without having to make a capital outlay. Once a deposit has been made you repay the lender via a fixed payment schedule and can become the owner of the asset after a small final payment has been made.
Asset refinancing
If your business has money tied up in an existing asset that is wholly owned, asset refinancing can unlock that working capital whilst you retain use. You sell it to a financier under a sale and leaseback arrangement and become the owner again once it has been repaid.
Obtaining a variety of quotes is the first step to securing funding for your business. UK Business Finance are commercial finance brokers and search the whole of the market to find the best deals.
Our services are free of charge and we do not ask you to sign an exclusive contract. Please get in touch to find out more.
How we help other Sectors
We work across a wide range of sectors throughout the UK, providing specialist advice to each sector.
Why use a commercial finance broker?
A commercial finance broker plays an important role for businesses looking for funding. They can source the most suitable types of finance using a whole-of-market search strategy whilst also accessing the best deals and lenders.
What are cash flow forecasts and why are these important when obtaining business funding?
Operating with positive cash flow helps your business to pay its bills, conduct day-to-day trade with minimal issues, and plan confidently for the months and years ahead. But how do you know that there will be sufficient cash available when it’s needed?
Good debt vs Bad debt
Managed well, debt can improve your credit rating, enable expansion, and stabilise cash flow. It’s the backbone of growth but with so many different types of borrowing now available, it’s important for your business to carry ‘good debt’ rather than ‘bad debt.’
How to best prepare my company for a finance application
When preparing your company for a finance application, it’s key to present the business in its best light whilst also providing realistic projections, your plans for the funding, and how it will help the business grow.