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Funding available for high tech companies via Paternosters Ltd

Funds are now available to Hi-Tech growth Companies via Paternosters Limited, which has secured an exclusive contract to provide research, due diligence and the credit process for assessing suitable loan applications from Hi-Tech companies.

Loans are presently from £26k - £ 250k, where the borrower can choose the invoices they wish to fund for up to 90 days, it is a very flexible approach where companies can increase or decrease their lending needs as required.

Funding is available for companies which have been in revenue for a minimum of 2 years, all of the loans are subject to Ts & Cs.

For further information or to apply for funding, Companies can contact Paternosters Ltd directly: either email, harryalexander@paternosters.com

or telephone 01202 700085

http://www.paternosters.com

Joe Davies, Head of Credit at Paternosters said 'This is a fantastic opportunity for us to assist small & medium sized companies with their cashflow. Effectively, the company's invoice will be purchased and money advanced to them immediately before the invoice is repaid by the customer; especially helpful where some customers can take 60 - 90 days to pay. It's a great way to release money for the Hi-Tech Company's other business interests'.

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Posted 2013-11-12 12:31:47

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