One of our funding partners has a specialist invoice finance product for start-up businesses. The product has been tailored specifically to match the needs of a new start-up company and provides the following additional benefits in addition to the invoice finance itself for a fixed monthly administration fee:
- Free administration fees for the first month
- Free Sage Instant Accounting software package
- Up to 50% discount on business premises
- Discounts on payroll services and HR services
- Introduction to the “Forum of Private Business”
- 20% discount on bad debt protection fees
The facility will suit new and start-up businesses that:
- Are less than 12 months old
- Have annual turnover of less than £350,000
- Have less than 25 debtors