Swift Fund

Short term cash flow requirements can be a real headache for growing businesses, whether it’s a looming quarterly VAT bill, Corporation Tax or a big supplier payment. Swift Fund overcomes this problem with minimum fuss and cost to the business. It provides finance for a short term with a transparent charging structure and highly competitive fees.

Click here to download our Swift Fund invoice finance product guide.

Finance for a short term which is repaid when funds are available.

Features:

  • Advance Rate:           Maximum of 50% against sales ledger
  • Minimum Term:         3 months
  • Advances:                 £25,000 to £250,000
  • Interest Charge:        2.75% over Bank Base Rate
  • Fee:                           Monthly Fixed Admin Fee
  • Set-up fee:                £250

Benefits:

  • Fast set-up
  • Completely Confidential
  • No Personal Guarantees required
  • Easy online access to account details and management of facility

Criteria:

  • Business established 3 years or more
  • Must demonstrate proven profitability

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