Alderburn Finance

at 14 Albany Street, Edinburgh , EH1 3QB United Kingdom

1. Company
2. Financial Services

Peer-to-Peer commercial loans to UK companies (£50k to £5m) to support growth, even if the bank has already said 'no'. Alderburn Finance is dedicated to finding the right non-bank funding package for businesses throughout Scotland, providing tailored solutions for borrowers, lenders and professional advisers. Non-bank funding is a growing sector in the commercial finance market. With banks still very cautious to whom they lend and often applying unattainable criteria, Scottish businesses are finding it exceedingly difficult to get the funding they need to grow their particular markets, and non-bank funding can often be the solution. Alderburn Finance typically works with businesses with turnovers ranging from £200,000 to £20 million, to raise finance from £50,000 to £5 million. Whatever the size or sector of the business, the focus is to get the funding right for the client, by taking time to understand the business, structuring appropriate facilities and ensuring they address current and future needs. Alderburn Finance brings a breadth of experience and understanding of business finance from both the lender’s and the borrower’s perspective, ensuring finance is available at the right time and the right terms. Our professional team has extensive experience in accountancy, banking, turnaround, and financial services. Funding takes the form of a commercial loan and is typically available between 6 months and 5 years with no early repayment. Alderburn Finance’s main "non-bank lending" products are Crowd Funding or Peer to Peer loans which offer alternative commercial funding based on a collection of investors small deposits providing finance to businesses as required.

Description

As banks try to recover from the Credit Crunch, the chances are that you are not getting the loan funding you might expect to develop your business. You may find an unwillingness to lend, requests for increased security, higher rates of interest and increased fees. The days when bank managers had their own credit limits and had in-depth knowledge of their customers have long gone and so you might also find that your bank does not understand your business or the benefits of trying to grow it. Alderburn Finance can offer a real alternative - non-bank lending. This lending is a growing marketplace that bypasses traditional bank lending and puts the borrower firmly in control. Alderburn has particular expertise in non-bank lending. It engages in this growing marketplace by bringing together investors, including high net worth individuals and pension funds, in syndicates that provide funding directly to businesses. Deals are done quickly in a dynamic marketplace and there is more freedom to structure a deal around individual circumstances. Usually non-bank lending is an option where traditional lenders are unable to help or where invoice finance or asset finance are not appropriate, for example when something other than hard assets is being financed. Non-bank lending can also supplement what the banks are able to do to make up a whole package of funding. At Alderburn Finance, we have developed strong relationships with several non-bank lending platforms (Peer to Peer Platforms), including a syndicate of business angels. In recent years there have been fundamental changes to the way all Banks operate, leaving a funding gap which is being met by some innovative solutions. Peer-to-Peer lending (also known as Crowd Funding) is a mechanism where investors lend directly to businesses and it provides a route to finance not always available from traditional providers. Funds are raised by presenting opportunities to potential investors via an internet platform. Investors join in an On-line Auction where they decide how much they want to bid and at what interest rate. Because each loan is structured as a term loan with a fixed monthly repayment, interest costs can be predicted with certainty; there is no exposure to market fluctuations. Typically deals have the following features: Term loans up to five years Loans for any purpose Interest rates are fixed (typically 8% - 13%) Monthly repayments of Capital and Interest Borrowers are established businesses Security in the form of Personal Guarantees Bond and Floating Charges and/or heritable security may also be required No penalty for early repayment We keep ourselves fully up-to-date on the latest developments in the funding market ensuring our knowledge of which lenders are actively seeking business and which lender will look favourably on which proposition, so we don’t waste time talking to the wrong people. Getting a lender to agree quickly depends on structuring the proposal professionally and then presenting it positively. This is where our expertise comes in. We have access to the right people in each lending organisation, in order to get proposals moving quickly, and can drive the decision-making process, leaving the client free to get on with running his or her business. Alderburn Finance has significant experience in collaborating with client’s existing funders (in particular the banks) for the benefit of all parties.

Company Rating

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Summary

Alderburn Finance is Edinburgh based place and this enity listed in Financial Services category. Located at 14 Albany Street EH1 3QB. Contact phone number of Alderburn Finance: 0300 111 0137