Extraordinary support for SMEs: why Growth Lending is #NoOrdinaryLender
The economic turbulence of the past 18 months has created a unique environment for UK SMEs. For some, it has been a challenging time, with management teams needing to adapt quickly and pivot to new services and markets. For others, the pandemic presented an opportunity for growth, enabling firms to expand significantly, amass new clients and even execute ambitious acquisition strategies.
However fortune fell for firms, those that have been successful share a common characteristic: being able to access the appropriate funds to support their plans.
Funding is the key to growth
It is no surprise that Growth Lending, as an alternative lender, is a strong advocate for management teams having robust funding plans in place, but it is the firm’s approach to offering this funding that earns it the title No Ordinary Lender.
A bespoke service and dedicated relationship managers who eradicate messy reconciliation processes are just the start. The knowledge and expertise of Growth Lending’s team gives the firm the confidence to lend where others will not, often providing cash earlier in a company’s life cycle than traditional banks.
Extraordinary growth needs an extraordinary approach
Growth Lending also understands the variety of options available to businesses when planning their growth strategies. This is why it gives organisations the flexibility to choose and use its products as they see fit, whether that means funding acquisitions by leveraging against receivables, stock and P&M in a revolving credit facility or raising cash for expansion into new markets by paying off individual debtors in a selective invoice finance facility.
The firm even funds multiple currencies, such as pounds, euros and US dollars, and will back international businesses in the UK, Ireland, Singapore and the US.
Being no ordinary lender is about removing the barriers that firms face when trying to access funding, to ensure that successful businesses with ambitious goals for growth are not let down by a lack of capital. That is what makes Growth Lending stand out.