News Article

Bank Lending

Growth finance facility for Xero users

By CreditMan Tuesday, February 25, 2014

Business Funding Portal are delighted to offer a unique purchase-to-sales funding facility with preferential terms for Xero Accounts users

The facility is aimed at owner-managed businesses with turnover between £100K - £2 million and with a strategic growth plan.

It is particularly valuable where the customer has gained a significant contract or is entering into a new sector.

In basic form the customer will benefit from and end-to-end funding facility from stock purchase through to invoice discounting on supply.

Xero users will additionally benefit from preferential rates, funding for consumables and confidential discounting.

Business Funding Portal MD, Mark Jones comments - 'This is an exciting development for growing owner managed businesses. Due to the complexity of trade finance it has traditionally been restricted to larger businesses or orders - we have now made it accessible for deals as small as £10,000 where there is potential for growth. By linking to Xero accounts the customer will benefit from a degree of flexibility which has never been possible before'

For more information, email