Make more from your introductions
Pulse offers you as business introducers a unique opportunity to expand your service offering.
Our invoice finance products provide one of the fastest turnarounds in the market. There are no credit committees to arrange and with the exception of our construction finance service, no audits required. We make simple lending decisions based on the quality of the sales ledger, not the clients historical performance. You will receive an instant ‘subject to’ decision and kept informed not only through the application process, but during the time that a client relationship is maintained with Pulse. Finance can be quickly approved for factor manage-aways and turnaround situations or where other lenders have rejected.
To expand your service offering and find out more about our lifetime commission scheme, please contact us
We work closely with experts providing specialist advisory services to businesses requiring restructuring or facing real cash flow issues. By providing a quick turnaround on debtor based financing on funding up to £2 million per transaction, we can buy time for businesses, whilst a proper longer term restructuring package of replacement debt or equity, or business sale, can be put together.
We will happily work alongside investors and advisors to achieve longer term goals. We also provide longer term finance to support the on-going needs of the company or a structured and customised approach to a difficult financial situation. Please call for an in depth recommendation. We have launched a specific construction finance facility to provide invoice finance solutions in contractual situations. If your client requires consistent collection of their sales ledger then introducing them to our outsourced credit control service may be the solution to improved Cashflow and reduced overall bad debt.
Here are some typical questions and answers governing the type of business and transaction we will fund
Q: What size deal are you able to fund ?
A: Turnover from new start to £40mil (this has been our biggest to date) – funds out maximum have been £2.5mil or as low as £30k-50k.
Q: What kind of entity will you fund ?
A: The business must be a Limited entity or LLP– we will not deal with sole traders and partnerships.
Q: Do you take personal guarantees ?
A: We will always look to secure a Personal Guarantee from the major shareholder/director of the business – whether this is limited, will be subject to the facility and considered risk of the debt.
We will always look to the strength of that Personal Guarantee, in terms of whether they are homeowners or not. This gives us more traceability to the individuals and value to the Guarantee.
Q: On what criteria do you base your credit decisions ?
A: We will always gauge the strength of a lead, based on the debtor book, and this is the first piece of information that we request – We then set about applying for credit limits on the top 5-10 customers as an early indication.
Q: What if you can’t obtain credit limits on the debtors ?
A: If the debtors appear not creditworthy, this may well be where the lead comes to a halt, and we cannot proceed any further – We will of course come back to the introducer to see if they have any supporting information.
Q: What's the next stage after you receive supporting credit limits ?
A: If the debtors appear supportive to the limits required, the next stage is to speak to the prospect regarding the invoicing procedure and paper tail to support the debt.
Q: What if our current funding relationship has broken down or we are suffering creditor pressure ?
A: We will look to fund Turnaround situations, Manage-aways and instances where the current funding relationship has broken down. Again, all subject to the above debtor consideration being in place.
Q: What happens if the business is seasonal or has unusual circumstances ?
A: We will also look to fund invoices on a Flexible approach, where the business has seasonality, to fund debt to assist with orders etc – all on a case by case situation.
Q: The business is exposed to only a few debtors and concentrations can occur. Can you fund these debtors ?
A: We look at this on the strength of the debtor, the paper trail involved and the security available. We can also look at selective debtor facilities.
Q: Our ability to collect cash on time from our customers sometimes is problematic. How can you help ?
A: We can also provide credit control support functions such as debt collection and debtor verification. We have more information about this too, and you will find all of this on our website under Outsourced Credit Control.
Q: When can our client expect an initial call following the submission of a lead to you ?
A: We look to make same day initial contact.
Q: Once the offer is accepted by my client, when can they expect to commence the facility and receive the initial funding ?
A: The vast majority of our prospects receive their initial payment within 5 days of signing our offer (subject to satisfaction of pre conditions).
Fast unrestricted access to the funding a business needs