There are now a number of alternative finance providers on the market, with Genie Lending being a major player – however many business owners still don’t understand the many options available. Many SMEs cannot rely on high street banks for funding, but thanks to alternative finance lenders they can still gain access to a range of finance solutions.
Our commercial finance specialists are proud to have helped hundreds of UK businesses to achieve their funding requirements. We look at each business in detail to understand its needs and suggest a bespoke finance solution. From short term cash advances to long term loans and funding options up to millions of pounds, our finance experts will find the right fit for your business.
Here are some of our alternative finance solutions we specialise in:
Peer to Peer / Crowd Funding – This type of funding works by utilising a host of small investors, rather than one large financial institution. Your circumstances and business history will dictate how much you can borrow and how long for.
Invoice / Factoring – If you rely on invoices being paid to run your business, this is a great finance solution. Your funding level will grow with your business, so it reduces the chance of debt.
Merchant Cash Advances – A merchant cash advance uses the security of your debit and credit card sales as status for borrowing. This fast and short term finance solution is great for shops, cafes, B&Bs and other small businesses.
Pension Led Funding – Pension-based lending is a way to use your pension pot as a business loan. Many business owners don’t realise the potential of their pension as a valuable asset.
If you’d like to learn more about boosting your business with an alternative finance solution, get in touch with our experts.