1 / 11

How To Build An Exceptional SME Recruitment Business

How To Build An Exceptional SME Recruitment Business. Financing . Which is the best facility for my needs?. Overdraft Loan – (Finance for Lending Scheme) Invoice Finance Factoring Invoice Discounting Payroll Finance Single Invoice Finance Friends & Family Private Equity.

taipa
Download Presentation

How To Build An Exceptional SME Recruitment Business

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How To Build An Exceptional SME Recruitment Business Financing PKS Consultancy

  2. Which is the best facility for my needs? • Overdraft • Loan – (Finance for Lending Scheme) • Invoice Finance • Factoring • Invoice Discounting • Payroll Finance • Single Invoice Finance • Friends & Family • Private Equity PKS Consultancy

  3. Funding for Lending Scheme • Launched August 2012 to provide £60bn to SMEs • available to all customers who meet existing Commercial credit policy and criteria – no separate eligibility checks • an ongoing 1% reduction in the interest rate over the full life of the loan • available for new loans to both new and existing customers • includes both variable and fixed rate lending • loan terms from 1 year • minimum loan size of £1k (£25k for Commercial Mortgages), compared to £25k for NLGS • the discount under the scheme is available until further notice • standard arrangement fees apply PKS Consultancy

  4. What will the lenders expect from me? • New Start • Capability • Proposition • Investment • Ability to service borrowing • Business Plan & Projections • Security Available PKS Consultancy

  5. What will the lenders expect from me? • Existing Business • Retained Value • Track Record • Future Revenues • Profitability • Articulated plans • Managing of Risk • Contracts • Debtor Concentrations • Security Available PKS Consultancy

  6. Should I review Existing Arrangements? • Anniversary Dates • Evergreen Facilities • Strength of Relationship • Renewal Fees • Security • Stick or Twist PKS Consultancy

  7. I want to compare the market? • Bank or Independent • Arrange a ‘beauty parade’ • Provide a business profile plans and forecasts • Set out expectations of the lender • Agree timescales for a decision • Notice period for existing lender PKS Consultancy

  8. What can I expect from the process? • A responsive market • Professional approach • Clear proposals and indicative terms • Negotiation • Legal Contracts • Company and Personal Security • Arrangement Fees • Exit Fees PKS Consultancy

  9. What conditions or covenants will apply? • Period of the agreement • Facility review limit • Prepayment % • Debtor concentration • Export debt • Non utilisation (no borrowing for a period) • Debtor days • Dilution (credit notes, discounts given) • Net worth PKS Consultancy

  10. What security will I need to provide? • A corporate debenture • A guarantee or indemnity • Full • Limited • Fraud only • Supported • Legal advice PKS Consultancy

  11. Paul Saunders PKS Consultancy M:07515 376556 T:020 7223 4761 E:paulksaunders@gmail.com

More Related