Flexible funds for business expansion

As any business knows winning a new contact is a superb feeling especially in this tough uncertain financial climate. Clients moving with sustainable customer demands is at the heart of today’s  survival. In order to do this, commercial funding may be able to provide a flexible way to meet those demands while a business gets up and running with new systems or assets.

In this case our client, a building contractor based in Dorset recently expanded their current business to offer a full design, planning and build service for clients. Due to the success of this expansion, the company needed additional funds for cash flow however wanted much more flexibility than a traditional cash flow loan.

Genie Lending were able to put together an unsecured revolving credit facility of £25,000 that can be drawn down and paid back at anytime during the life of the facility. Interest is charged daily and only on any outstanding balance so there is no long-term commitment and you only pay for what you borrow.

The facility took just 4 days to put in place with funds available to the client.

Facilities are available between £10k and £2m however additional security may be required.

If your business has found funding difficult to obtain you can trust Genie Lending to go to every extent to provide the correct finance quickly, for the result you want. As well as the household names in the industry we have access to proven lending sources who you will not find on the high street. Our aim is to help UK SME’s obtain funding for all their business requirements, whether that be growth, acquiring premises, paying HMRC liabilities or simply working capital. Genie Lending can assist with complete finance solutions.