Creative Business Finance plugs gap in commercial lendng market
Businesses in the cleaning and maintenance industry struggling to borrow crucial funds now have access to cash not previously available, thanks to a new service launched by Creative Business Finance.
The firm has set up The Debt Boutique, to provide cash solutions to those who have been unable to secure funding previously. This range of niche lending products - which the company believes is unique to the UK market - will make up bespoke funding packages tailored to fit the client's needs.
The venture and its products are backed by private capital and as a result, the first funding solutions now on offer are to fund long-term contracts, particularly in 'green' projects such as alternative energy and waste recycling.
Creative Business Finance director and financial expert, Mark Blayney, feels this assistance is long overdue, saying: "As an advisor it is always frustrating when we find clients with financing needs, such as a requirement to borrow against expected future cash flows, which existing sources of funds are often unable to meet.
"This is why we are so pleased to launch this service as we know it will be in demand by cleaning and maintenance industry businesses as we will be able to offer them the opportunity to thrive."
The first product to be launched provides funding in batches of £1m on five year terms at competitive rates of interest. Larger sums are available by splitting funding into a number of lines, or over a number of years.
The funding is available for a wide array of sectors particularly cleaning and maintenance, recycling and power and energy.
"We want more businesses to think about opportunities for growth and we believe through the funding on offer, and the accessibility of our support, we can help businesses realise their ambitions," says Mark, who is the author of four books on finance and business issues.
T: 0870 420 8317
E: finance@creativefinance.co.uk
27th March 2008