Borrowing
Facilities.
We provide working capital without complexity.
FOR BORROWERS
The Creditable Solution.
We understand that businesses sometimes find themselves in a tough spot, needing an immediate cash injection to avoid facing gaps in financing for their day-to-day operations. Often, this situation leads to relinquishing a portion of your business through the sale of equity just to meet short-term financial needs.
Creditable offers an alternative solution enabling a business to address their cashflow challenges without the need to sacrifice ownership.
Our experience spans across various industries, and we're dedicated to helping businesses navigate these situations successfully.
What we do
Creditable provides short-term funds to allow companies to grow. It does this by providing working capital based on their current and future trading position.
Creditable is here to help if you:
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need funds quickly for growth
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have a cash flow challenge
Creditable offers two products:
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Purchase Order Funding
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Revolving Credit Facility
Why Choose Creditable?
1. You have already approached mainstream lenders who cannot help
2. You need a quick ‘in principle’ decision, enabling you to secure immediate business
3. You need a customised financial product that works with your cashflow
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At Creditable, we firmly believe that fostering business growth is a human-to-human endeavour. Here, you won't encounter an algorithm determining your eligibility; instead, you'll meet a team of individuals driven by a 'can-do' attitude.
With over 50 years of collective experience working closely with SMEs in diverse roles—be it as business founders, CEOs, shareholders, non-executive directors (NEDs), or legal and professional advisors—we possess an intrinsic understanding of how SMEs operate and what it takes to facilitate their growth.
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This wealth of practical experience is complemented by our expertise in the trade finance and funding purchase orders markets.
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WHY?
Benefits of using Creditable:
No need to raise equity capital & give up valuable equity at a time of stress
No impact on ongoing cashflow caused by monthly repayments
Quick ‘in principle’ decision making process at no cost
Bullet payment at the end of the term on the purchase order product
capital available within a short timeframe after confirmation of the facility
Flexible drawdown & repayment terms on our Revolving Credit Facility
QUESTIONS
What Do I Need To Consider?
If you're contemplating the use of Trade Finance, there are several important factors to bear in mind. The following list outlines these key considerations:
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A verifiable Purchase Order with no attached conditions.
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Your trade's margin should be 30% or greater.
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The off taker must be creditworthy and independent of your business.
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The settlement timeline, from initiation to completion, should be 180 days or less.
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You must have the capacity to provide some form of security (details available in the security section below).
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Your business should be UK-based.
What About Security?
At Creditable, the foundation of any facility lies in the security available. Examples of security are listed below:
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Title to the goods
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Bills of exchange
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Personal guarantees and/or warranties from the Directors
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Debenture
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Credit insured receivables.
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Letters of assignment of invoices
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Cross guarantees
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Trade Finance Agreement (including hypothecation & trust)
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Receivables finance agreement
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Step-in rights
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Retention of title
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NEXT STEPS
Let's Connect
Using our systematic process, Creditable aligns with your business to create a flexible, quick route to funding that enables you to manage the cashflow challenges created by growth in your business.