FOR IMMEDIATE RELEASE
Alternative lender Just Cash Flow PLC has been quick to respond to SMEs impacted by Carillion entering into an insolvency procedure.
It has set up a dedicated phone line (0121 418 3359 ) and announced it is offering impacted companies that qualify for its flexible finance facilities one month's interest-free money.
Director John Davies says, "Cash flow is always an issue for SMEs and inevitably the uncertainty caused by the Carillion announcement is going to cause concern and place a strain on finances.
"We provide finance facilities between £10,000 to £500,000, can make quick decisions and rapidly have money in impacted companies' bank accounts.
"This morning's headlines will have come as a shock to many SMEs and it is important for them to know finance is available to support them and the offer of interest-free money for a month is designed to give them the valuable breathing space. Quick action like this is needed to safeguard jobs and develop new business opportunities."
The Group entered the UK alternative finance sector in 2012 with the aim of provoding a real alternative to Business Banking and has built a robust, scalable, Anti Money Laundering (AML) compliant process for on boarding Corporate Borrowers in the UK and eventually Europe. This has been achieved through increasingly using FinTech to streamline the application process and deliver exceptional customer experience.
The Just Loans Group is the parent company of the award winning Just Cash Flow PLC which specialises in providing revolving cash facilities to SMEs to assist with smoothing the peaks and troughs of working capital.
The Just Loans Group is the first alternative commercial lender to be a Professional Associate Member of the British Banking Association.
23 May 2017 09:00
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