Working Capital Finance

The more successful your business becomes, the more working capital you're likely to need. More customers, more staff, more expensive raw materials... they all absorb extra cash and time. So it's vital that you are able to predict your day-to-day cash flow needs and finance these expenses and overheads. We can offer working capital finance solutions to help you plan and manage your everyday cash flow.

Overdraft - Traditional Working Capital Finance

An overdraft is the most traditional business finance solution and it's still one of the best if you simply need short-term working capital finance or an immediate injection of cash. An overdraft can be pre-arranged with your relationship manager, subject to credit approval, to help your business ride out short-term troughs in your cash flow cycle.

Benefits

• Quick and convenient
• Tailored to your business needs
• No maximum amount (subject to application)
• Interest is debited monthly to help your cash flow, you only pay interest on the money you borrow
• Interest is charged at an agreed percentage over our Base Lending Rate. The rate is agreed in advance with you.
• Can be tracked electronically via HSBC's online platforms, Business Internet Banking and HSBCnet.

If you are looking to bridge the credit gap more effectively, and selling on trade credit terms to local businesses then Commercial Debtor Finance could be suitable to you if your business is turning over $5m p.a. or more

Benefits

• You are free to negotiate the most appropriate terms for the sale.
• Your sales become an immediate source of additional working capital
• Once you have chosen Commercial Debtor Finance, you can concentrate on growing your sales with confidence, knowing you have the backing you need
• Your relationship with your customers is unaffected as the facility is non-disclosed and you will continue to collect your debtor's payments on HSBC's behalf
• Able to operate the facility online through HSBC's DebtorsDirect.

You may have successfully imported the goods but it could be some time before you can enjoy the proceeds from selling them on. Or perhaps you're an exporter and need funds to fulfill an overseas order. Trading abroad puts many different strains on your cash flow and exposes your business to a variety of risks. There is no single solution to bridging the trade gap. Instead, we can tailor a number of solutions to your requirements, whether you're an importer or an exporter.