Spotted an opportunity to grow your business, but need funds to do so? Our funding can be in your account in as little as 24 hours.
Over the years, we've come to recognize that each business owner we work with has their own particular philosophy and approach to running a successful venture. That’s why we designed award-winning business finance that's flexible enough to cater to the needs of quick movers - those business owners who need access to finance quickly in order to help them take advantage of time-sensitive growth opportunities.
Funding designed for quick movers
We know how frustrating it can be when you spot an opportunity for growth but can't access the cash you need to act on it. That's why we've worked with quick-moving business owners such as retailers, wholesalers, food outlet owners and ecommerce owners over the years to help them:
1. Capitalize on a change in purchase trends/patterns
We understand that retailers who sell seasonal stock sometimes require funding to purchase in-demand goods, often at the last minute. Similarly, business owners may spot a change in buying patterns and want to diversify their current product range, but find themselves held back by a lack of funds. Our small business loans can be with borrowers within 24 hours of application so that they have the breathing space to shift according to last-minute or unexpected fluctuations in sales.
For example, at the start of the pandemic several SMEs needed a quick boost of cash flow to source, stock, and sell PPE to healthcare providers and the general public. The flexibility offered by our quick business loans paired with our lightning-fast processes allowed many businesses to pivot during unprecedented times in order to serve their local community.
2. Pay unexpected bills
Often, small business owners simply do not have the working capital to pay an urgent or unexpected VAT or tax bill. We find that many small businesses spend the money set aside for these bills due to cash flow problems and so turn to alternative finance providers for financing options that can cover the bill payment.
Our Flexiloan Lite in particular has been designed for situations such as covering the cost of an urgent corporation tax bill or VAT payment; it can be with the business owner in just 24 hours and borrowers are able to spread repayments over a 12-month term. This means that a tax bill that may otherwise overwhelm a business' cash flow can actually be paid in 12 manageable chunks; instead of being wiped out by an unexpected and urgent bill, small businesses can still maintain some level of breathing space and maintain healthy cash flow.
3. Purchase discounted stock
Over the years, we've partnered with many small business owners who need to act quickly to purchase stock in mass from a supplier holding a sale or from a wholesaler offering flash discounts on large orders. However, having the working capital in place to seize such opportunities is tricky. Business owners have come to us in the past explaining that they could get significant discounts when buying larger quantities than they normally would, or that a competitor is shutting up shop and offering heavily discounted goods, but that they simply don't have the capacity in their cash reserves to take on such opportunities.
In fact, our recent customer Alan Barrie, owner of Newbury-based Montagne Sports, recently found that one of his suppliers was looking to shift some stock and was offering a large quantity for a significantly discounted rate. Spotting the opportunity to offer his customers something new, and improve his profit margins, Alan turned to Fleximize and received funding support of £20,000 within just a few hours. With the capital at his disposal, Alan was able to secure the stock at an even more discounted rate. You can listen to his story, and how we were able to help, in his own words below.
Quick mover Alan Barrie used a Fleximize business loan to purchase discounted stock
How Fleximize can help
Whether you want to purchase discounted stock, pivot your offering, or pay an urgent bill, our award-winning loan options and processes have been carefully designed with your needs in mind. We’re genuinely passionate about seeing your business succeed, which is why all of our products are designed to support your business, fast.
Our Flexiloan product is great for businesses that have been trading for 12+ months, whilst our recently launched Flexiloan Lite is designed for businesses that have been trading for 6+ months. We can offer you up to £500,000 over a term of 3-48 months, and funds can be with you in as little as 24 hours.
Here's how we go the extra mile to support you when you need to move quickly:
- Built-in flexibility – we understand that no two businesses are the same, which is why our products are flexible enough to meet the specific needs of your business in practice, with top-ups and repayment holidays as standard so that you have the breathing space to seize growth opportunities quickly without worrying about your cash flow.
- Repay early, repay less – our Penalty-Free Promise means that you only pay interest for the time you had the loan, so, if you find that the stock you purchased sells faster than you expected, you can repay early for free and you’ll also repay less overall.
- Funding in just 24 hours - we've worked hard over the years to ensure that our processes are optimized specifically for the needs of quick-moving business owners. Our application is a simple three-step process with the ability to upload documents securely online. Our relationship managers will do everything they can to ensure you have the funds in your account in time to seize that growth opportunity, with the majority of our loans fully funded in just 24 hours of application.
At Fleximize, we love helping small business owners achieve their growth plans. Drop us a call on 020 7100 0110, and our team will be happy to answer any questions you may have and talk you through our products.
If you run a small business and need a funding partner to help you seize a time-sensitive opportunity, you can apply for our award-winning business loans through our simple online form.
Looking for more? We also specialize in funding for: