Emergency finance

Struggling to get the finance you need?

Severe adverse credit issues and you can't get the Business Finance you need?

emergency finance

Emergency commercial loans

In business, things do not always go smoothly; as Donald would say “Bad stuff happens”. If your business is looking for business finance, you need it now and have been turned down everywhere you have looked, we have two options available to help you:

Option 1.

Book debt Finance - if you are owed money and it is collectable then we really can help.
5 Day turnarounds - £50k to £5m credit line available.

Non-home owners, Adverse Credit, previous failures and severe issues with previous invoice finance firms are not a problem if your invoices are collectable.

Option 2.

Secured business loans - these are readily available and funds made available within 24 hours of a charge been secured.

No proof of income required. No valuation needed if the area is good and there is no first charge or the first charge will be removed with part of the loan, 7 day turnaround.

Signs that you need an Emergency Finance fund:

  • A Winding Up Petition has been served
  • Bailiffs are being threatened or have turned up
  • Bad debt or loss of business
  • Bank or Financial Institution threatening to appoint an Insolvency Practitioner or talking about Reporting Accountants

Independent finance advice

Independent advice can put you in a much stronger position improving your chance of survival and allowing you time to deal with the issues. We can help with this issue too.

Business finance is one of those things that can frustrate even the most seasoned professionals. It seems that when you need it the most it can be the hardest to put into place, and this can be incredibly frustrating. You know you have a good business, so why can’t the lenders cut you some slack?

When you need finance the most and you can’t seem to get it, you end up spending all of your time putting out fires. This keeps you away from doing what you do best – growing your business.

We can also provide secured finance whatever your circumstances are. But if you do not have a property to provide security, this could well be for you. If any of the following apply to you, you might have found getting finance especially difficult in the past (and going forward):

  • Past and current unsettled County Court Judgements
  • HMRC issues
  • Not owning your own home
  • Poor credit history and/or past company liquidations
  • Past problems with factoring companies

(If you do not have the above issues, then we will have other options open to you as well).

EMERGENCY FUNDING

Struggling to find a lender?

If your debtor book is in good shape, none of the above is an issue. If you have an annual turnover of more than £300k, we can help. (Note that if you are in the construction industry, the minimum turnover is £1.5 million. That said, you will be able to get funding for uncertified applications for payment).

Let us help you set up invoice finance. We can help you to get finance when no one else will.

Listen to what one of our clients recently said about the finance company we put them in touch with:

“They gave us finance when no one else would. A year later we are back in profit and can get a cheaper deal, but we are staying with them because they truly understand our business and they are great to deal with.”

We can help make invoice finance work for you – this will give you the funding that you need to build your business and take on new work. Funds can be put in place within the week. Imagine that – your worries and sleepless nights can be a thing of the past.

If you're having trouble obtaining finance for your business, please give Mark Smillie a call on 0800 612 5364.

Ready to chat about emergency finance? 

Call now: 0800 612 5364

Book a calendly call

"Mark at Ringrose Business Finance did a great job of introducing us to the right person for our business funding. The whole process was uncomplicated and everyone did what they promised on time. Mark's advice has helped us to phase our finance for the best results. Definitely a 10 out of 10 score - highly recommended."

Klaus Kolleth Commercial Vehicle Linings Ltd