Supply Chain Finance 1

How fast could your company grow with with the right kind of working capital in place? 

We believe our supply chain finance solution is unique in that we are able to offer “you” the “Buyer”, a revolving and pre-approved unsecured credit facility of up to 120 days; for you to pay your domestic or global suppliers quickly and simply.

The facility can be an alternative or can be run in addition to your existing funding or banking facilities. Moreover, because our supply chain and trade finance solution is completely off balance sheet with no debentures, consents or waivers required it can be very simple to setup. Learn more complete the form below

Aircraft Asset Finance Enable Finance can provide the best solutions for financing aircraft and aviation related equipment. All types of aircraft, new and used, from a corporate jet to a two-seater trainer: General aviation – light aircraft and helicopters. Corporate aircraft – executive jets and turboprop aircraft. Aviation related equipment such as simulators and ground handling equipment. Buses & Coaches Asset Finance We have asset finance products for Bus and Coach operators whether you a single operator or run a major fleet of Buses or Coaches. New and used buses and coaches from all manufacturer Cars & Commercial Vans Finance We make buying cars and commercial vans simple, whether or not thats a single vehicle of a major fleet. We have fast and flexible range of car and van finance solutions Computers, IT and Office Equipment Finance Computers and office equipment asset finance – from simple business purchases to a tailored service from funding to total management of the Information technology. Construction Equipment Finance The Construction equipment within your business can be the success of your business, we have a range construction equipment finance products and can tailor repayments to match your income patterns. Available for owner operator to multi national companies Classic Car Finance from £5,000: Perhaps you would like to buy a classic car or vintage  motorbike Enable Finance have a solution. HGV & Lorry Finance New and used light commercial (LCV) and heavy goods vehicles (HGV). HGV Finance whether you are an owner driver or fleet operator Marine Mortgage & Sailing Yacht Finance Boat loans from £5,000 including New and used boats, from sailing yachts and speedboats to motor cruisers. Marine mortgage are available to private individuals or the corporate purchaser. Specialist super yacht division. Plant & Machinery Asset Finance Your finance will need to match the replacement cycle of your assets, and yet still be flexible enough to assist cash-flow and help your business grow. We can finance new and used plant, machinery, agricultural equipment and machine tools. Business Recovery Asset Finance or Refinance When your company is facing difficulty due to county court judgements (CCJ’s) poor payment profile, bad credit rating or within a CVA having access to adequate asset finance is imperative. Enable Finance have asset finance products regardless of your company’s credit rating or trading history.

Other types of asset and equipment finance

Businesses looking to raise cash can use asset refinance and sale and leaseback to inject cash into their businesses. Wherever you sit within the supply chain, you the UK “Buyer” have a pre-approved credit facility which can be used with one or many of your suppliers (termed as the “Seller”) and because you then become a cash buyer with your suppliers, our clients advise us they are often able to negotiate further discounts with their suppliers.

Supply Chain Finance Product Features & Overview:

  • Up to 120 days to settle down the credit balance.
  • Operates like a credit card with a pre-agreed credit limit.
  • No requirement for Letters of Credit or Title over Goods.
  • Your suppliers can be anywhere in the world or just down the road.
  • Payments are made in the suppliers nominated currency.
  • Transactions conducted on a secure on-line trading platform, giving both “Buyer” and “Seller” a full audit path.
  • Payments & Administration are paperless and transparent
  • Transparent and Fixed pricing, no hidden charges or extras.
  • You may use the facility to buy finished goods, component parts, raw materials or intangible services.
  • All the bells and whistles you would expect from a sophisticated online platform.
  • Once you are enrolled on the system you are able to trade with other buyers and sellers already on the platform.

Who is eligible for this Supply Chain Financing solution?

  • At the moment we can only accept UK registered Companies.
  • A minimum turnover of £1 million.
  • Minimum of three years trading history.
  • Minimum capital base (Net Assets) £200k+

An example of a supply chain finance facility working within a business.

An established engineering company based in South Yorkshire, has a small overdraft and uses invoice discounting. The business has a good reputation with its suppliers but as is the way of the world these days, is only given relatively short terms from them. Sales and orders has never been their problem having the additional working capital to fulfil orders has. The options available to the business owners where either turn the work away or work out a way to fund the new business? Here is what a supply chain finance facility can do:
  • A £200,000 credit limit was approved.
  • The owners knew they could turn the work around and have the finished items invoiced in 90 days, which meant the £200k revolving credit limit would give them £800,000 per annum of additional working capital.
  • The selected number of suppliers where enrolled onto the system, some based here in the UK, 2 based in china and 2 Far East.
  • The Finance Director negotiated for discounts on cash terms.
  • Components and raw materials arrive and the work is turned round within the 90.
  • The finished goods are delivered and invoiced, the invoice discounting clears the supply chain facility.
  • The business owners now ask the Sales Director to go out and aggressively go after new work.

What supply chain finance is not good for:

  • Poor performing companies.
  • It is not a solution to finance historic debt.
  • It is not a stock financing solution where the turnover exceeds 120 days.
  • Not suitable for new start businesses.
  • Payments to HMRC not available
  • Individual financial transactions below £5,000