Helps to ease your cash flow by allowing you to borrow against the wages cost of your staff

•For established businesses - usually trading two years plus, profitable, with a minimum turnover of £100k and at least 5 employees.

•A flexible form of funding. Use it only when you need it - the minimum period is usually only 3 months. The funds can be used for any purpose.

•An unsecured facility with no directors guarantees or additional security required

•It doesn't interfere with your existing funding relationships nor preclude you from seeking additional funding sources. It is a totally confidential facility.

•The lender normally grants a funding line equivalent to 2 months PAYE and National Insurance costs and this revolves much like an overdraft.

•Costs are based upon a monthly facility fee and interest is charged on the balance borrowed. Usually no exit fee once the minimum term has elapsed.