News By Tag
News By Place
Venture Finance wins Best Service from an Asset Based Finance Provider at Business Moneyfacts Awards
Venture Finance has been recognised for its high quality of service at the 2009 Business Moneyfacts Awards, taking home the trophy for Best Service from an Asset Based Finance Provider.
The Business Money Receivables Review provided Venture with much to be proud of too:
• Venture grew almost 20% last year, 5 times faster than the rest of the industry*
• Venture has twice as many specialist staff to look after each client than the banks**
• On average, invoices are collected two weeks faster than the industry norm***
As ever, Venture will continue to ensure these high standards continue to be met.
Should you wish to speak to a Venture spokesperson or would like any further information;
*Comparing 07/08 published figures for Total Clients - Venture +19.2%, rest of industry +3.4% **Published figures for Clients/Officer 2008 - Venture 4.2, bank average 9
***Published figures for Factoring Debt Turn 2008 - Industry average 60 days, Venture 45 days
(Business Receivables Review - March 2009)
Factoring and Invoice Finance
Asset Based Lending
Note to Editors:
About Venture Structured Finance – www.venture-
Venture Structured Finance is a division of Venture Finance, providing Asset Based Lending facilities of between £3 million and £15 million for businesses with a turnover of up to £150 million.
In addition to maximising working capital headroom, a financial package from Venture Structured Finance helps companies to achieve a number of goals. These can be expansion via a financing package that grows with the business, undertaking corporate finance activity with MBOs, MBIs, mergers and acquisitions, or restructuring existing operations supported by flexible funding.
Core services offered by Venture Structured Finance include Invoice Discounting - which releases ongoing working capital back into a business - combined with revolving Inventory Finance, Plant and Machinery Loans and Property Loans
Venture Structured Finance is able to offer higher levels of funding than other financiers thanks to an honest, flexible approach that fully utilises a company’s assets.