- 31 May
Flexidraft An Alternative To Overdraft
Flexidraft has recently been launched by one of our funding partners as a flexible alternative to overdraft. There are no minimum fees and no minimum term for the facility to run which is good news for clients. The Flexidraft will provide up to £50,000 of finance based on funding at 50% of the average sales ledger balance, at rates that are very competitive with a conventional overdraft.
If you are interested in a more flexible alternative to overdraft, if for instance the level of funding is not sufficient, the Flexidraft could be an interesting and cost effective option to raise additional cash for your business through the Flexidraft.