:: COMMERCIAL FINANCE ::


This calculator will help you to establish the amount of finance which may be available to you. The Calculator uses a set of maximum advance rates and does not take account of other items which may be ineligible for funding. Fill in the appropriate fields below.
Example £000's Notes
Debt Factoring/Confidential Invoice Discounting
Sales Ledger Balance Do not include debts outstanding more than 90 days, or contra debts (debts due from customers who are also suppliers to you).
Advance rate x 85%

Stock Funding
Raw Materials Do not include values relating to obsolete or slow moving goods, packaging materials, work in progress, or goods supplied on Reservation Of Title terms.
Advance rate x 30%
Finished Goods We will apply funding reserves to allow for Preferential Creditor obligations and liabilities.
Advance rate x 50%

Unencumbered plant & machinery
(ERRP 90-120 days) This value will be as appraised by an industry recognised valuer, based on Estimated Restricted Realisation Price terms.
Advance rate x 80%

Unencumbered commercial property
(ERRP 180 days) This value will be as appraised by an industry recognised valuer, based on Estimated Restricted Realisation Price terms.
Advance rate x 80%
TOTAL
* The above answer is calculated assuming maximum advance rates with no ineligible/unapproved items.

† Legal Cover
Nothing herein shall bind Turnaround Finance & Mortgages or any of its affiliates to enter into or fund any financing. Any financing is subject to the written authorisation of the lender and their credit approval process and the conditions thereof. The information provided (above, herein) is intended to provide potential customers or applicants with a general example of certain types of transactions and is not intended to represent all the terms of an actual transaction. The information contained herein is for general informational purposes only and shall not be relied upon as advice or an opinion, legal or otherwise, from Turnaround Finance & Mortgages or any of its affiliates. If in any doubt then you should seek independent legal advice.



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