Lucid Commercial Finance

Lucid Commercial Finance Lucid are finance brokers who raise money for businesses of all sizes We look at each business on a completely individual basis.

With offices in both the South East and West of England, Lucid Commercial Finance was created to assist businesses, big and small in finding and securing unique finance solutions that are affordable and long term. Having worked and run businesses ourselves we know the challenges of raising finance and choosing the right finance option. We also completely understand the need to secure finance witho

ut giving away unnecessary personal security. Each business has different needs and although most companies market finance solutions that they claim will work for all businesses, we don't agree. Once we have fully understood the situation your business is currently in and what you are trying to achieve from the finance you are raising we will then be in a good position to advise what we can do for you. Our funding partners are made up of many organisations specialising in their own individual areas and industries. We do use high street brands for some solutions however there are many options which are extremely effective offered by smaller alternative finance providers that we actively recommend where appropriate. Normally this type of funder have a far higher level of acceptance compared to normal high street lenders and ask for far less security to complete a deal. Due to the approach we take working with both our clients and our funders we have very good, solid relationships with our funders leading to a high level of success. Along with the above we can also work with our funding partners to offer multiple solutions. For many businesses one single finance solution is not the right answer. We are able to combine options together and negotiate with the funders to allow you multiple options. We are different to other companies, if we don't feel we can add value to your business and get the finance you need, at the price you are willing to pay, we will tell you. We will of course be more than happy to recommend you on to one of our trusted partners but we only accept clients we believe have a very good chance of funding.

20/11/2015

Paul BurgessSpecialist Business Finance Broker - Renewables, Property & Cash Flow FinanceFollowUnfollowFollowingLoadingFunds Available for Property DevelopmentNov 20, 20151 view0 Likes0 CommentsShare on LinkedInShare on FacebookShare on Twitter We have a number of funders who are looking to lend mon…

Have the UK Government Shot Themselves in the Foot Over Renewables Subsidies?The UK government have created a media stor...
19/11/2015

Have the UK Government Shot Themselves in the Foot Over Renewables Subsidies?

The UK government have created a media storm by cutting the subsidies on domestic star panels, but this is only a small part of the story. Whilst the job losses in the domestic solar sector are to be regretted, this is nothing compared to the impact on the economy of the withdrawal of subsidies on commercial renewable energy projects, from January for onshore wind and solar PV and from March 2017 for other green technology projects. The story is that ROC's (Renewable Obligation Certificates) will be replaced by CfD's (Contracts for Differences) but the eventual fate of CfD's is yet to be announced following the cancellation of the October auction. Word on the street is that they may be dead and buried.

What is the impact of subsidy withdrawal on the economy as a whole? Firstly of course it will be a net saving to the treasury and supposedly to the consumer via reduced utility bills - so far so good. This of course fails to take into account the effects on the UK renewables business as a whole. The reality is that many UK renewables projects are funded by overseas investors who bring new money into the UK economy to the tune of billions of pounds. This money will now be invested in projects in countries that still have their subsidy regime in place - not the UK. Inward investment generates real economic growth which the government, and the economy as a whole need desperately.

19/11/2015

Would a Structured Approach to Cash Flow Finance Help Your Business?

The traditional approach to cash flow funding was invoice factoring backed up with bank loans and overdrafts which worked well when credit was freely available.

With the demise of business overdraft facilities and a reluctance by some banks to lend to SME’s, we have seen a change in the market towards a more structured approach to cash flow finance, depending upon the business, its needs and the security it has to offer.

Over the last 3-4 years there has been a rash of new niche providers entering the market providing a sometimes bewildering array of finance options to the business owner and FD.

The team at Lucid Finance have many years of experience in structuring cash flow finance solutions from both sides of the desk and are experts at finding the right finance solution for your business.

We have a panel of 40+ lenders whose offerings we bring together to provide the best solutions for each individual client.

We can arrange:
• Trade Finance against customer orders or for stock
• A wide range of invoice finance solutions
• Debtor book loans (with no PG’s)
• Loans against contracts & subscription agreements
• Asset finance for equipment purchase
• Unsecured business loans
• Secured business loans
• Commercial property finance
• Development finance

In many cases the right solution is a mixture of two or more products covering the full business lifecycle. This allows you to keep borrowing costs to a minimum whilst freeing up the maximum amount of cash within your business

If you have a cash flow finance requirement from £50k - £50m, please call us on 01732 386 076 or email [email protected] to arrange an initial discussion

19/11/2015

Funds Available for Renewables Projects - £60m Already Committed

The changes in UK government subsidies for green energy projects has led to a rush to get projects financed and completed to meet the new deadlines.

We have a panel of specialist funders looking for good quality green energy project to fund. To date we have secured in excess of £60m in funding commitments for renewables projects and are keen to find further projects to feed our funders’ appetites.

We are able to source funding for both construction and exit buyouts up to 100% of project value.

Our funders can move quickly, so if you have a quality project that needs funding of £1m - £500m+ please call us on 01732 386 076 or email: [email protected] to arrange an informal discussion

19/11/2015

Funding Contracts and Subscriptions

The trend in technology and service industries has moved away from large capital purchases towards long term service contracts and subscription agreements.

Whilst these long term agreements add value to a business and help secure its long term future they can have an adverse effect on cash flow.

Traditional invoice finance won’t help as only physical invoices can be factored.

With a strong background in running technology businesses, we are working with a funder who is able to offer term finance of up to 50% of the annual value of long term contracts with financially secure clients, without a requirement for personal guarantees from directors.

If you think that this may be useful for your business call us on 01732 386 076 or email [email protected] to arrange an informal discussion

19/11/2015

Could Trade Finance Help You Grow Your Business?

Are you having difficulties funding large orders from your clients?

This is a problem for SME’s where the weakness of their balance sheet means that they are often unable to accept large orders as they don’t have the cash to fund them. This in turn means that many SME’s, especially those importing goods or components from overseas, are unable fulfil their growth potential.

Provided that you have solid contracts, with clients that have a good credit rating, trade finance maybe the solution, as the facility is based on the credit rating of your client, not yourselves. Here is how it works:
1. The trade finance provider will evaluate your clients, your contracts and your suppliers.
2. If all is OK they will buy the goods from your supplier on your behalf with the goods themselves as security.
3. When the goods arrive you repay the trade finance provider plus interest due, either directly from the client’s payment of by a linked invoice finance facility, which allows you to offer your clients credit facilities.
4. If the trade cycle is set up properly this will allow you to service very high value orders without negative impact on your cash flow, provided you have sufficient margin available to cover interest costs.

Sounds simple and can be if you understand all the wrinkles.

We do. The trade finance team at Lucid have years of experience managing trade finance facilities from your side of the desk and so are best placed to help you find the best trade finance solution for your business.

If you think that trade finance may be what you are looking for, please call us on 01732 386 076 or email [email protected] to arrange an initial discussion

19/11/2015

Do You Need Funds for Commercial Property Development & Purchase £100k - £10m?

Are you looking to fund a commercial property transaction? If you are and your bank won’t give you the facilities that you need Lucid Finance may be able to help you.We have a panel of more than 30 specialist property lenders who offer competitive property development and bridging loans as well as long term commercial mortgages.

Our property team have more than 20 years’ experience of placing property transactions, so you can count on our expertise to find the right finance for you. Once we have complete information, we can often have heads of terms available within 2-3 days

If you’d like to discuss your requirements with one of our team, please call us on 01732 386 076 or email [email protected] to arrange an initial discussion

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Sevenoaks

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+447983394550

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