There are many sources of funds available to businesses, but it is often difficult to know what is available, from whom and at what cost.
We present two sources of funding for you to check out:
If you have invoices available for discounting and\or you need to finance your purchases, then Ebury offers attractive invoice financing solutions. Furthermore, if you are an importer or exporter these solutions can reduce exchange rate uncertainties. (Ideal Client Profiles: Companies with a turnover of over £1 million and Shareholder Funds of over £100,000 - Companies with good FX exposure are also more likely to be approved and get cheaper lines.)
If your profile and requirements do not match the above, then try Fund Finder.
Every business is different. That’s why Fund Finder has access to a huge range of funding types to suit every need.
(For Ebury's FX services click here.)
No matter whether you are a Buyer or a Supplier, one of the best ways to finance your trade is to generate finance against invoices. There are three basic structures:
How the Ebury solutions work:
If you are an exporter and your invoices are denominated in a foreign currency, Ebury will pay you at your option either in that currency or in sterling, bringing you further certainty as to cash-flow.
N.B. This service will require you to open an account with Barclays, London - via Ebury. Only invoices payable to this account will be eligible for discounting. The opening procedure is entirely online. There are no costs or obligations to use this account for any other purpose. You will have complete, online control over any balances in this account.
This works exactly the same as the example above - but with the added flexibility:
For business cases where Ebury provided trade finance services, see:
Signing Up with Ebury
It takes just 3 steps to sign up with Ebury (no costs and no commitments):
The documentation that you will need to provide*:
(Once you have submitted all the required, information the process usually takes between four working days to two weeks.)
The user interfaces are incredibly user-friendly: See the following examples for using the Receivables Finance service :
See the usage and availability of your credit line:
See outstanding invoices discounted:
See invoices that have been paid:
Submit a new request to discount an invoice:
Upload the relevant documentation.
The free and easy way for you to research and find finance for your business. The Funder Finder engine uses straightforward information to match you with an impressive selection of funders within minutes, offering access to a broad range of funding products across the UK.
How it works:
The Fund Finder process is:
Search for business funding now (it takes just a few minutes!)
N.B. Should you decide to move forward with a funding opportunity, you may well be requested to provide further documentation (e.g. filed accounts, recent bank statements, business plans, forecasts, etc.). Within the platform, you can upload any documents requested to support your application and these will be forwarded directly to the relevant funder.