|
ABOUT US
FinancingPayroll.com
is an impartial finance brokerage based in Birmingham, which
charges no fees and has board level links with principal
lenders and is a specialist in cash flow financial solutions.
Payroll Finance for SME's is a
unique funding solution that has recently been launched to
assist business cash flow.
1.
Aimed at companies with over 5 employees.
2.
Provides 56-63 day credit terms on
payroll costs up to a maximum facility of twice the monthly
gross payroll or 9 weeks weekly payroll.
3.
Applies only to incorporated bodies that are established for 18
months and have company accounts up to date.
4.
Credit limit is granted to
companies with positive balance sheets.
5.
The funding is unsecured and
requires directors' fraud warranties only.
6.
The funding line can sit alongside
all other funding as it requires no debenture.
7.
Costs vary depending on the size of
the facility.
8.
The service is flexible and
requires no long term commitment
9.
Can be used for example to increase
working capital headroom, asset purchase, deposits for asset
finance deals and multitudes of other purposes where cash flow
is required.
|