Asset finance can help your business to overcome the issue of paying large, upfront fees for new equipment by purchasing it on your behalf and allowing you to repay its value over a fixed number of months or years. You'll have full use of the equipment in the meantime and any money borrowed will be secured against the asset.

Just a few late customer payments can leave your business in the midst of an unexpected cash flow shortage which, in turn, can affect your ability to take on additional work. Invoice factoring and invoice discounting can advance your IT business up to 95% of its outstanding invoices, removing the uncertainty around invoice payments and allowing you to focus your attention on the job at hand.

Whether you work in computer retail or as an IT support services provider, any business that accepts credit card payments as part of their payment structure is eligible for a merchant cash advance. You'll be able to borrow funds within as little as 24 hours and repay part of the outstanding balance each time a customer pays by card.

There's nothing worse than losing out on a new IT contract because you don't have the capital to fund the stock necessary to undertake the project. Trade finance is a great workaround for this scenario, securing capital against existing purchase orders and paying your suppliers directly on your behalf.

From staff wages and equipment upgrades to premises expansion and the latest industry accreditations, it's essential that you have enough working capital available to meet these everyday business expenses. Working capital finance is an adaptable lending option which can be used almost anywhere within your organisation, helping you to stay on top of your day to day outgoings.