Skip navigation
Skip navigation
You are using an outdated browser. Please upgrade your browser.
ResponseSource services will be unavailable this Friday, 6th December, between 8 pm and 9 pm as we carry out scheduled maintenance on the network architecture. We're sorry for any inconvenience this causes you.

To coincide with UKTI Export Week (April 7-11), selective Invoice Finance specialists Working Capital Partners have launched a new Export Overdraft facility for small businesses, enabling them to trade overseas without the usual complications of detailed documentation and financial risk.

Managing Director Perry Burns said “We are delighted to be launching this new export finance facility during Export Week as we believe that it will enable more UK SMEs to sell overseas, when once they may have been discouraged by the paperwork and the risk of not getting paid”.

He added “We think that the service will prove simple and straightforward for SMEs to use because payment is guaranteed, as long as certain conditions are met. The Export Overdraft is competitively priced with an affordable fixed fee, no hidden costs and no long term commitment. It is completely flexible and can be used for one-off orders or on a regular basis, depending on the cash flow needs of the business.”

Export Overdraft is designed to be used by SMEs venturing into the export market but it can also be used to support the cash flow needs of growing businesses who have not yet started to export but who find their cash flow under pressure because of delayed customer payments or restrictive supplier payment terms.

Unusually, the new facility is available to start-ups and businesses in recovery as well as to established companies and, as the process is very straightforward, can be used by micro businesses without an administration department.

Full details can be seen at http://workingcapitalpartners.co.uk/export-overdraft-export-... or by watching the new Export Overdraft video.

It will be presented to SMEs and introducers at various events during Export Week including Explore Support in Edgbaston Birmingham and the NACFB event in Cathays Park Cardiff on Tuesday 8 April as well as the Elite Business Exhibition on Thursday 10 April – Friday 11 April in London.

Working Capital Partners’ unique formula of simple systems, personalised client support and rapid funding decisions has made them the number one choice for flexible invoice solutions amongst many owner-managed businesses.

They are now financing over £2m per month and growing very fast, providing a simple and flexible alternative to bank finance to a diverse range of clients in all sectors from manufacturers to service providers and consultancies, to start-ups and companies in recovery. -

Ends –

Notes for Editors

Working Capital Partners Ltd

Working Capital Partners Ltd provides a range of flexible finance solutions to small and medium-sized businesses, from selective single invoice discounting through to the financing of a company’s total debtors’ ledger.

Started in 2010, the company has grown rapidly and now employs 12 staff. It prides itself on providing a fast, flexible, efficient but personal service and on making critical funding decisions quickly.

Businesses across a wide range of different sectors now use this alternate funding source to boost working capital and support their growth. Some smaller companies have also used the facility to bridge short term cash flow deficits and have been able to survive through a rapid injection of cash at a decisive moment.

The company has been shortlisted for the Alternative Lender of the Year at the Credit Today Awards in May 2014. They are also patrons of the industry body, the NACFB.

www.workingcapitalpartners.co.uk


Export Week

The UKTI is running a week of seminars, workshops and marketing briefings to provide practical advice on doing business overseas.

www.exportweek.ukti.gov.uk/mobile/


Perry Burns
Managing Director
Working Capital Partners Ltd
Buckingham House
45 Vivian Avenue
London NW4 3XA

D: +44 (0)20 8457 1960
T: +44 (0)20 8203 6500
F: +44 (0)20 8203 1914
M: +44 (0)7767 260 448
E: perry.burns@workingcapitalpartners.co.uk


For further media information, interviews or images please contact:

Sabra Swinson
Cerco Communications
T: 01727 847407
Email: sabra@cercocommunications.com
M: 07785 917089

Jane Thompson
Cerco Communications
T: 01727 847407
Email: jane@cercocommunications.com
M: 07795 557094

This press release was distributed by ResponseSource Press Release Wire on behalf of Cerco Communications in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.