Pulse Cashflow launches new trade finance solution

Clients benefitting from Pulse Cashflow's trade finance solution will be able to purchase finished goods from their suppliers, enabling them to continue selling safe in the knowledge that they can fulfil their customer orders. Clients will be able to combine their invoice finance facility with a trade finance solution to provide a comprehensive funding package to meet a wider range of client requirements.

The addition of trade finance means the firm can now offer a broader funding portfolio to meet the varying needs of UK businesses from start-ups through to businesses turning over £20m+ who are looking for funding facilities up to £2.5m. Its funding portfolio also includes invoice discounting and factoring with inclusive bad debt protection and both confidential and disclosed facilities. In addition, they also offer 'One Fee Finance' for smaller businesses seeking facilities of up to £100,000 and ICON (In Case of Need) for clients who require additional funding at specific times in their trading cycle.

Toni Dare, managing director of Pulse Cashflow, said: “Trade finance is an important addition to our offering. UK businesses need all round funding support to capitalise on the growing opportunities as they arise. Enabling UK businesses to confidently fund the upfront purchase of goods gives them the freedom to stretch their ambitions and grow their businesses with confidence. Used in conjunction with our invoice finance solution it provides access to a larger pool of funds and the flexibility to support a range of business needs.

“As the market continues to return to pre pandemic levels, access to flexible funding solutions is more vital than ever. With businesses committed to repaying Covid loans, they need to seek out flexible funding solutions which can support all areas of their business as they continue pushing forward their growth plans.”