The autumn of 2018 marked a decade since the full impact of the global financial crisis began to be apparent on the real economy in the UK.
The last decade saw levels of finance provided to businesses through invoice finance and asset based lending rise again, and since the recession in particular, they have become a mainstream source of funding for many businesses. These are important debt vehicles for SMEs, with many smaller businesses lacking the ‘conventional’ security required to gain access to loans and other lending products.
Most businesses at some point will have to take on a certain level of debt, usually in the form of a loan. In most cases the lender will seek to have some security for the loan they are offering.
In certain cases a personal guarantee might be enough to secure the deal. Overall, alternative finance providers are on the rise, as the high street banks become very selective.
Consilium specialise in sourcing the most appropriate finance for your business – working with lenders and/or brokers to secure the product most suited to your funding requirements, whether it is purely for working capital, or additional finance for growth or acquisition. Our three core areas are;
- Commercial Finance
- Asset Finance
- Invoice Finance