Asset-backed financing achieved through the sale of trade receivables to a special purpose vehicle which is funded through the issuance of short term debt into the capital markets.
Small to medium enterprise relating to business sizes. Thresholds for this are:
Medium <250 staff | t/o <£40m annual sales or <£34m balance sheet
Small <50 staff | t/o <£8m annual sales or <£8m balance sheet
Micro <10 staff | t/o <£1.5m annual sales or £1.5m balance sheet
Note: values are in Pounds Sterling and should be used as a guide only.
Supplier Payment Guarantee
Gives security to a supplier that they will be paid for the goods and or services that they supply on credit. This can be particularly useful where traditional credit insurance is not available.