XL Business Finance

read moreXL Business Finance Ltd is a privately owned and independent asset finance UK company with established links to many of the UK's leading finance houses. Formed in 2000 by Managing Director, Mark Redman, XL Business Finance, in Manchester, provides a viable alternative to high street banks that lack the flexibility and imagination to provide a solution to most business users requirements. Mark has 17 years in the asset finance UK industry and via word of mouth and a high level of customer and introducer retention, XL Business Finance is becoming one of the North of England's premier independent finance companies.

read moreHow often have we gone to our bank for unsecured professional practice loans and have been faced with the daunting task of providing cash flow forecasts and plans for the smallest of projects. If the practice has been trading for less than 3 years or is even a new practice, arranging professional practice loans can be even more difficult and complex. Traditional banks often do not provide the amount of funding that we are looking for or ties up valuable funding lines which may be better used for cash flow and other purposes.

read moreWe offer finance for business navigating the abundance of different options in the business financing market, tailoring a deal specifically for you. XL Business Finance has access to many of the UK's leading finance companies together with a large number of privately owned specialist lenders. Finance for business can be obtained for just about any circumstance. Whether it is a large blue chip and profitable business not wishing to have all their finance with the bank or loss making and insolvent businesses wishing to invest in that profit making piece of equipment, XL Business Finance will find the solution.

read moreBusinesses have many options when considering cash flow loan funding for their business. Bank loans and overdrafts have historically been the preferred choice of cash flow finance. However, today more and more businesses are waking up to the real benefits of alternative sources of finance. Solutions such as factoring and invoice discounting can provide businesses with a flexible and ongoing supply of funds by releasing money tied up in unpaid invoices. More than 39,000 SME's now use this form of cash flow finance and it is regarded as a mainstream cash flow loan opportunity.

read moreXL Business Finance can assist with capital purchases from as little as 1000 upwards. We have experience of equipment finance across many different types of equipment; plant & machinery, computers, telephone systems, industrial racking, commercial vehicles, yellow plant & machinery, printing, packaging and engineering equipment etc. Remember that equipment finance can actually be cheaper than paying cash. We also give manufacturers 'own brand'' finance schemes to speed the purchase procedure.

read moreXL Business Finance is able to provide competitive vehicle finance for business users and directors. The following information covers the main available vehicle finance schemes.

read moreAsset based lending or stocking finance is usually used in conjunction with an invoice discounting or factoring facility. All cash flow finance companies say they do asset based lending or stocking finance but in reality very few do a true revolving stocking facility. The best funders provide a revolving facility against raw materials and finished stock usually at 30% and 50% respectively. This is advanced over and above the agreed prepayments for your factoring and invoice discounting facility typically at 80-90%.

read moreXL Business Finance offer Trade Finance. We understand how frustrating it can be when your working capital is locked away in your business. You can find yourself in a catch-22 situation. You have a big order, but the funds you need to fulfil it are tied up. And you can't access those funds until the order is delivered. So you are forced to watch crucial deals disappear. It's a situation you need never experience again with our Trade Finance service. You want additional funding to finance single or multiple transactions with creditworthy customers.