Flexidraft has been designed to help to fill an increasing void in the market in terms of alternative funding solutions for SME’s and is a simple alternative to the bank overdraft.
From proposal to payout Moore Finance can work for you to provide the best financial facilities the industry can offer.
Benefits of Flexidraft:
- Lend up to 50% of the average sales ledger balance up to a maximum of £50k
- No minimum term, no minimum fees
- A trust account in the name of the business that all sales are processed through
- This trust account is the account Moore Finance mark the limit on, you simply transfer money from your Flexidraft account to your bank account
- Same day transfers can be processed free of charge, if requested before 12 o’clock
- It costs £500 to set up Flexidraft and 1.5% per month debit interest on utilisation