Wholesale Finance

Business Loans, Invoice Finance & Asset Finance for wholesalers.
Business Finance Team

What is Wholesale Finance?

Wholesale Finance can be extremely beneficial to company's within this sector. Working with a high volume of orders can mean a build up of invoices, and therefore it is imperative that customers pay you within the agreed term.

With an Invoice Finance facility, this is no longer an issue. Invoice Finance works by releasing the funds tied up in your invoices within 24 hours, rather than waiting for your client to pay you.

We collect your information, assess the best options for you, and then put the best lender for your business in contact with you.



Trade Finance can also be beneficial for any business’s that deal with buying and selling. Trade Finance facilities allow you to borrow funds to purchase stock. This can then be paid back once you have sold on the goods. This will allow your cashflow to run much smoother, and reduce the stress on your finances. Ensure your business is running to it's highest potential on site, by never being low on stock.


The first steps towards the funding your business deserves
Tell us a bit more about your requirements
Get started

Eligibility

Turnover

Unless you are a new start-up company, the minimum turnover most lenders will deal with is £250,000.

Trading History

Similarly to Turnover, start-up companies can get funding, however a minimum of 6-12 months trading will give you access to a much more broad range of lenders on our panel.

UK Registered Businesses

Due to us dealing with UK Based Lenders, we can only find funding solutions for UK Registered Businesses.

FAQs

How much will a Wholesale Invoice Finance facility cost?
keyboard_arrow_down

The cost of the facility will depend on a few factors. These are essentially decided by what you want from the facility, and how large your company is. Different lenders have different costs & fees that go with the arranging and running of your facility, but the main charges that go with running an Invoice Finance facility are the service fee, which is a percentage of the invoice value, and the discount fee, which is calculated from the amount of money advanced to you. This cost is subject to the current state of the market, and the lender we see best fit for you.

Am I eligible for a Wholesale Invoice Finance facility?
keyboard_arrow_down

 Eligibility varies largely from lender to lender, with some being more flexible, some more rigid with their criteria. The basic criteria for applying for an Invoice Finance facility is as follows:
£250k minimum turnover
UK Registered Business
If you don’t meet this criteria it isn’t the end of the road, other funding options are available, and this can be discussed with one of our consultants once we have assessed your information.

How long does it take to set up a Wholesale Invoice Finance facility?
keyboard_arrow_down

Invoice Finance facilities can be completed in as short as a few days, although the process can take longer. Our aim is always to make the process as quick, and simple as possible.

How much money can I get as a Business Loan?
keyboard_arrow_down

Business Loans can vary hugely in amount. With an Unsecured Business Loan, anything between £10,000 and £350,000 can be funded. With a Secured Business Loan, the range can be anything between £25,000 and £2,000,000. This can be used for any business use, such as working capital, or on site equipment/plant.

Why Spark Finance?
keyboard_arrow_down

We are not your average broker. We strive to find you the perfect funding facility for your business, in the easiest way possible. We designate a member of our team of specialist finance consultants to you, guiding you through the financial market to find the perfect product for you.

Fantastic

“Spark Finance have been incredibly helpful from start to finish. They helped secure a CBILs package even when many lenders had stopped considering new applications. They've informed us of new developments every step of the way and have helped us through this uncertain time. Nice one, guys!”

Reviews from our clients

Lorem Ipsum

“Lorem ipsum dolor sit amet,consectetur adipiscing elit, sed doeiusmod tempor incididunt utlabore et dolore magna.”

Social media
Disclaimer: Spark Finance Ltd (Registered office - 18 John Stow House, London, England, EC3A 7JB, Registered Number 10128297) helps UK firms access business finance. Spark is a credit broker, not a lender. Any quotes provided are for information purposes only and subject to status and separate lender terms and conditions. Applicants must be aged 18 and over.  Guarantees and Indemnities may be required.  Spark Finance may receive commission from lenders.  Spark Finance Ltd is authorised and regulated by the Financial Conduct Authority in the UK (FRN 958123).
© Spark Finance Ltd is authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Their reference number is 958123, and you can use that to find them on the FCA register.