Funding Solutions in Tamworth from Navigate Commercial Finance
Securing the right funding solutions is essential for business growth and stability. Navigate Commercial Finance specialises in providing tailored funding solutions, helping Tamworth businesses achieve their strategic objectives through our expert outsourced commercial finance team.
Key Reasons for Business Funding Solutions in Tamworth
Business funding can address various growth and operational challenges.
Scaling Operations
Access capital to hire staff, increase inventory, meet large orders or simply expand facilities.
Cash Flow Management
Bridge cash flow gaps to ensure smooth day-to-day operations.
Market Expansion
Finance marketing and infrastructure investments to enter new markets.
Technological Advancements
Invest in new technologies to stay competitive and efficient.
Seasonal Variations
Manage seasonal cash flow fluctuations with ease, ensuring operational stability.
Tamworth Business Landscape
Key industries in Tamworth, such as logistics, manufacturing, and haulage, are among the top sectors seeking business finance in the UK. These sectors often contact Navigate Commercial Finance requiring business loans for fleet expansion, new equipment purchases, and property acquisition.
Tamworth, like many parts of the UK, has a strong presence of small and medium-sized enterprises (SMEs). As of 2023, SMEs account for over 99% of all businesses in the UK, employing around 16.7 million people, which is about 61% of all private sector jobs. This shows the vital role SMEs play in the local economy.
Benefits of Funding Solutions in Tamworth
Quick Capital Access
Obtain funds rapidly to seize business opportunities.
Flexible Financing Options
Customise funding to suit your business needs.
Strategic Growth
Invest in initiatives that drive revenue without diluting ownership.
Invoice Finance & Asset Based Lending
Unlock cash tied up in your invoices and debtor book to support your day to day working capital, growth or business acquisition. Whole turnover or spot facilities (select specific invoices or customers for funding) can be concluded within five working days, or for larger, more complex facilities allow up to a month. Read more about Asset Based Lending or Invoice Finance
Cash flow Loans
£50k – £15m+ suitable for profitable businesses looking to accelerate growth, business acquisitions, facilitate an MBO or simply consolidate historic debt. Borrow up to x4 EBITDA (Earnings Before Interest Tax Depreciation Amortisation) less existing debt on terms up to 60 months. Repayments can be a fixed monthly amount, giving you certainty. For loans £1m+ repayments can be tailored to include interest only and or bullet payments. Read More.
Growth Guarantee Scheme
To stimulate growth, businesses can borrow up to £2m, subject to affordability. Lending solutions include Term Loans, Overdrafts, Asset Finance, and Invoice Finance, supported by a 70% Government guarantee, the borrower remains liable for the debt. Personal guarantees may be requested by the lender. Facilities can be concluded within two weeks; larger ones may take up to three months. Read More.
Revolving Credit Facility
A great way of providing headroom for your business. RCF’s are similar to overdrafts. You have a set limit and can draw down funds in line with your working capital requirements. You only pay for what you borrow and make repayments to suit your available cashflow. Use on and off-balance sheet assets as security. From enquiry to funds received can be within five working days. Read More.
Asset Finance
Planned capex or looking to grow your business but you don’t have sufficient free cash, refinancing your existing plant and machinery could inject additional funds into your business rather than tying up cash from your working capital. Repayments are fixed and terms offered can be up to 60 months. From enquiry through to receipt of funds can be within five working days. Read More.
Supply Chain Finance
Won a new order but don’t receive supplier credit terms or have insufficient available cash, supply chain finance could be a suitable funding solution. Based on a confirmed order, funders will step into the transaction and purchase the goods for you. Upon receiving payment, you repay the funder or extend credit to 90days. Funding is available for speculative purchases or for stock. From enquiry to funds received allow five working days. Read More.
Other Solutions, Specialist Partners
We also have access to other working capital solutions through our trusted partners namely;
- Commercial Mortgages
- Bridging and Development Finance
- Research and Development Credits
- Foreign Exchange Management
QUICK LINKS
The Navigate Commercial Finance Advantage
Tailored Financial Structures: We discuss and help secure funding solutions that align with your working capital requirements and strategic plans.
Professional Guidance: Our team supports you through every stage of the financing process.
Strategic Market Insights: Stay informed with our expert analysis and market trends.
Experts with 60+ years of Experience: With years of experience in commercial finance arena, our experts provide guidance and insights to help you choose the most suitable finance for your business.
FAQs on Funding Solutions in Tamworth
Q: Why is business funding essential?
A: It provides the necessary capital to support growth initiatives and operational stability.
Q: How do I apply for business funding?
A: Contact us and discuss your strategic plans and funding requirements. We will provide you with an overview of the finance market and suitable funding solutions.
Q: Which businesses can benefit from funding?
A: Any business looking to expand, manage cash flow, or invest in new technologies can benefit.
Q: What is the typical timeline for accessing funds?
A: Funds can typically be accessed within a few days to a couple of weeks, depending on the lender.
Take the Next Step
Empower your business with the right funding . Contact Navigate Commercial Finance today to discuss your funding needs .