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Young and growing Recruitment Agencies may not have the time, expertise or indeed inclination to manage their workers payroll. In addition the cashflow of a growing recruitment business is notoriously difficult to manage and the last thing a recruiter wants is their workers being paid late or worse, not at all. We have a panel of funders who can overcome
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If there was a simple way to access up to 50% of your monthly sales ledger without the complications of a traditional invoice finance product, would this be of interest? No reconciliation process – no more uploading invoices – Just a simple product that allows you direct access to working capital with the minimum of fuss. Unlike Bank overdrafts which
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There are plenty of funding routes for SMEs to grow. Lenders are getting to grips with the opportunities in providing funding for SMEs to grow and expand their businesses. What we’re also seeing in the market is the willingness of some lenders offering genuine 100% funding for projects aimed at business improvement initiatives. There are also a number of clever
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Our client expected to purchase this 15.5 acre brownfield site from local authority and sell on to an end user on same day – ie a “back to back transaction”. The end user was to effectively fund the deal, with our client not contributing any cash (other than planning and professional fees). The end user withdrew two weeks before expected
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We’re often faced with the scenario where our developer clients have a completed scheme and are keen to move on to their next project. However, if property sales have not completed, they often don’t have the funds to do so. Development Exit finance can enable a developer to raise funds against a completed scheme to allow them to start on
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Our client had already purchased a piece of land using their own funds. Planning permission was in place for two 3 bed town-houses but the client had no further funds to complete the build. We sourced a facility to fund 100% of the build costs of £260k, with the first tranche of £80k released on day one. Client opted to
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Key Commercial Finance, the specialist commercial broker, has helped a client refinance a multi-unit freehold block of six apartments with a funding line of £532,910. The property, in Ossett near Wakefield, is owned by a limited company, who were looking to reduce the costs of the finance and to improve the cash flow of their business. The incumbent bank also
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There are many reasons an SME business can suffer from short term cash flow issues. The good news is, however, plenty of solutions exist for such problems and most situations can be resolved to put a company back on track. Common reasons that cause cash flow problems are things like seasonal fluctuations, important fixed asset purchases, unexpected bills and the
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Here at Key, we often ask ourselves – why don’t businesses and property investors use a broker more often to assist in raising finance? Indeed, we think this is a fundamental question when looking to raise business finance. So, perhaps it’s worthwhile highlighting a few of the scenarios where a broker can play a vital role in ensuring the right type
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We secured a Development Finance facility of £1.1m (58% GDV),  over 15 months. Our client purchased a 15 bed property in West Yorkshire with the intention of refurbishing the flats, retain the freehold, create leaseholds and sell. The refurb project is being undertaken by client’s existing business which is a specialist refurbishment contractor . Due to his experience we were
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