In these continuing challenging times for the SME Owner to get appropriate funding, Avocet has established good contacts with not only Banks & their new modus operandi, but more importantly the well funded Non Bank Funders who are providing the FINANCIAL OXYGEN to fill the SME funding vacuum
In 2018 over 50% of successful funding obtained by Avocet has come from Non Bank Funding where the advantages are:
- Speed of decision making (no call centres)
- Flexibility in implementation
- Great Back Offices based in the UK with REAL PEOPLE to talk to
- Innovatory Products suited to the customer NOT the funder
We can help in the following areas.
Bank Facilities
- Renegotiation & re-banking
Invoice Discounting (an Avocet speciality)
- Non Bank facilities strongly recommended
- Funding lines from 50k to £5m available from Avocet funders
- Available in a number of formats including Single Invoice, WIP funding, Construction- Haulage- Media- Recruitment sector specialist services, Factoring, Confidential Invoice Discounting
Bridging Loans
- 25k-250k lines available starting from an effective interest rate of 9% with no Personal Guarantee
Leasing
- Available for both the business wishing to invest in new plant, & Sales Aid Leasing for Capital Equipment Producers wishing to improve customer affordability
Re-Leasing
- An effective way of generating cash for an Acquisition or MBO when existing & financial unencumbered assets can be leased eg motor vehicles, laser cutter
Stock Finance
- NOT a strong service from the banks (!) but where Avocet has good independent contacts
Trade Finance
- Another neglected area by the banks, where Avocet has good independent contacts
Development Capital
- Available as high coupon loan money or equity from High Net Worth Individuals
Information Guides
- To assist SME Owners making an informed decision, Guides are available for Invoice Discounting & Leasing, highlighting the pros & cons of these products
Next Steps...
- For an initial foc/no commitment dialogue on any of these financial products or to obtain an Information Guide please contact Avocet
