Working with independent finance companies wholesale lending enables the raising of funding against capital tied up in a portfolio of finance agreements with customers. This capital can then be used to facilitate futher portfolio growth.
Working with independent finance companies wholesale lending enables the raising of funding against capital tied up in a portfolio of finance agreements with customers. This capital can then be used to facilitate futher portfolio growth.
Products include block discounting, revolving credit facilities and receivables finance with facilities ranging from £500k to £40m.
Advance rates (i.e. the amount of the Loan Book the debt facilities will fund) range from 70%
Typically loan terms of up to 5 years
Products include block discounting, revolving credit facilities and receivables finance with facilities ranging from £500k to £40m.
Advance rates (i.e. the amount of the Loan Book the debt facilities will fund) range from 70%
Typically loan terms of up to 5 years
Triple Point is approved by the British Business Bank as an accredited lender to provide loans through the Coronavirus Business Interruption Loan Scheme (CBILS).
CBILS is designed to support the continued provision of finance to small and medium-sized enterprises (SMEs) in the UK as a result of the Covid-19 outbreak. The scheme is managed by the British Business Bank (BBB) and delivered through more than 60 accredited lenders.
The Coronavirus Business Interruption Loan Scheme is now closed to new applications. Please note, applications received by 23:59pm on 31 March 2021 can still be processed through to 31 May 2021.
If you have a query about CBILS, or wish to discuss an outstanding application, please contact us by email directlending@triplepoint.co.uk or by telephone +44 (0)20 7201 8989.
Triple Point is approved by the British Business Bank as an accredited lender to provide loans through the Coronavirus Business Interruption Loan Scheme (CBILS).
CBILS is designed to support the continued provision of finance to small and medium-sized enterprises (SMEs) in the UK as a result of the Covid-19 outbreak. The scheme is managed by the British Business Bank (BBB) and delivered through more than 60 accredited lenders.
The Coronavirus Business Interruption Loan Scheme is now closed to new applications. Please note, applications received by 23:59pm on 31 March 2021 can still be processed through to 31 May 2021.
If you have a query about CBILS, or wish to discuss an outstanding application, please contact us by email directlending@triplepoint.co.uk or by telephone +44 (0)20 7201 8989.
As a specialist short term property lender, the impact of COVID-19 materially affected our ability as a lender to lend in the short to medium term. The CBILS Loan provided by Triple Point has allowed us to continue lending prudently to our customers who need it more now than ever in these challenging times.
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