FINANCE OPTIONS

Compare ^Contract ^Finance Options for £450k Funding

Q: How much can I borrow with 450k Contract Finance?

Amounts typically range from £10,000 up to £5,000,000. The final amount depends on the value of your contract, your client’s creditworthiness, and your business’s payment history.

Q: How quickly can I access contract finance funds?

You can receive an initial lending decision in 2 to 5 business days, with funds often available within 1 to 2 weeks, depending on application completeness and your sector’s risk profile.

Q: What are the typical interest rates for contract finance?

Rates generally range from 1% to 5% over the base rate, with possible arrangement or service fees of 1% to 3%. Factors like contract size, sector risk, and credit history influence the actual rate offered.

Q: What types of contract finance are available?

There are three main types: Invoice Factoring (selling invoices for upfront cash), Invoice Discounting (borrowing against invoices while collecting payments yourself), and Contract Hire Finance (leasing assets required for contract delivery).

450k Contract Finance gives UK SMEs access to funding secured against future contract revenues. This type of facility transforms pending payments into immediate working capital, which can be crucial for managing cash flow, especially when large contracts involve delayed settlement. By unlocking funds tied to contracts, your business can navigate operational costs, pay suppliers, and take on more projects without waiting for client payments. Using contract finance, you benefit from improved liquidity, enabling more flexible, confident business growth.

Contract Finance

Secure up to £1,000,000 in Contract Finance with Funding Agent.

Fastest and easiest application process
Dedicated support
Loan disbursed within 24 hours
No additional charges for early repayment

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Key ^Benefits of Contract Finance

Contract finance provides several clear advantages compared to traditional borrowing. Offering access to capital based on secured contracts, it’s particularly valuable for businesses requiring urgent cash flow solutions or looking to take on larger projects without financial strain. Rates, decision times, and borrowing amount depend on your contract size, creditworthiness, and sector risk.

Enhances Cash Flow

Quick Access to Funds

Supports Growth

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of Contract Finance

Invoice Factoring

Invoice Factoring involves selling your business’s invoices to a finance company, which advances a percentage of the total upfront and manages collections.

Invoice Factoring

With Invoice Factoring, companies with active receivable invoices can unlock between £10,000 and £2,000,000 over terms of 1 to 36 months. The finance provider takes on responsibility for collecting payments from your customers. This is especially useful for businesses facing slow-paying clients or extended contract periods, allowing them to stabilise cash flow and focus on growth.

Invoice Discounting

Invoice Discounting enables you to borrow against the value of unpaid invoices while retaining control of invoice collection and client relationships.

Invoice Discounting

Established businesses with strong credit control processes can access £50,000 to £5,000,000 in funding for terms between 1 and 12 months. Here, the lender advances funds but remains in the background—clients are not aware of the financing arrangement. This type is suitable for those seeking cash flow support without disclosing their financial strategy to customers.

Contract Hire Finance

Contract Hire Finance is designed for businesses needing to purchase equipment or vehicles to fulfil service contracts, paying fixed rates over time.

Contract Hire Finance

Available for contract hire services requiring upfront equipment purchases, this finance starts from £20,000 and runs up to £500,000 with terms of 12 to 60 months. The finance provider purchases the needed asset and leases it to your business, so you can deliver on contracts without heavy upfront costs. Sectors like logistics, transportation, and construction often benefit from this option.

Typical Funding Journeys on Funding Agent

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Your request is matched to suitable lenders

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How to Secure Contract Finance with Funding Agent

Submit Application

Provide your business details and information about your contract or relevant invoices securely via our online application form. Ensure your documents are accurate for a quicker assessment.