Receivables finance can help a wide range of businesses in various sectors if:

• You have a need for working capital and are typically operating under contracts where there are deferred payments over a one to three year period that are contractually complete and payment is unconditional on future performance of the contract.
• Your debtors are considered extremely good quality, are investment graded or similar and are based in an OECD listed country.
• Your deferred payments are typically £1m to £50m.

• We’ll advance an agreed percentage of your outstanding invoices – typically up to 90%.
• Once you’ve sent us your details (usually electronically) we’ll release the funds.
• You then chase the customer payment as normal, and funds are paid directly to Aldermore.
• When your customers have paid, we’ll release the remaining funds – minus our fee.
• We’ll then recalculate the funds available to you after every new transaction – so you always know where you are.

At Aldermore we understand that many sectors face their own unique challenges and that cash flow issues can arise due to the protracted period for payments to be made.

We work with you to understand your plans and ambitions and could provide you with a facility designed specifically for your sector and to meet the needs of your business.

• Flexible and transparent: With an upfront proposal for your business, that includes a clear structure of your funding and costs, so you know what you’re getting.
• An expert team: We’ll apply our long-established track record with this type of funding and invest time to help your business.
• A personal service: Your dedicated manager will be on hand to provide ongoing business support, as much or as little as you need.