">
TP24 Business Finance
- Compare TP24 Business Finance with over 120+ lenders
- It’s free to apply and it doesn’t affect your credit score
- Expert help throughout the process
Compare over 120+ lenders to find your perfect partner
Some of the lenders compared….
TP24 Business Finance
TP24 is a relatively newer entrant in the UK financial services sector, focusing specifically on providing bespoke funding solutions to small and medium-sized enterprises (SMEs). Since its establishment, TP24 has sought to carve out a niche by offering specialised financial products that cater directly to the unique challenges faced by modern businesses, particularly those looking to expand or manage seasonal fluctuations in cash flow.
TP24’s primary offerings include short-term loans, merchant cash advances, and invoice financing. Each of these products is designed with flexibility in mind to help businesses manage their financial obligations more effectively. TP24’s short-term loans are typically used for quick injections of cash to fund immediate needs such as equipment purchase or emergency repairs. These loans are characterised by their straightforward application process and rapid disbursement of funds, making them ideal for businesses that need to act quickly.
Merchant cash advances from TP24 are particularly beneficial for businesses with significant credit card sales, such as those in retail or hospitality. This type of funding allows businesses to receive an advance on future sales, providing the liquidity needed without the fixed monthly payments of traditional loans. The repayment is made as a percentage of daily credit card receipts, which aligns well with the business’s cash flow.
Invoice financing is another critical service provided by TP24, which can be particularly useful for businesses that deal with long payment cycles. This service enables businesses to free up capital tied in unpaid invoices, thereby enhancing cash flow management and allowing for smoother operation and opportunity realisation without the wait.
TP24 positions itself as a flexible and responsive partner for UK SMEs, understanding that access to quick funding can be the difference between seizing an opportunity and missing out. For businesses comparing funding options, TP24 offers a compelling suite of products that promise not only financial support but also a partnership aimed at fostering business growth and stability.