Invictus Capital is authorised and regulated by the Financial Conduct Authority. We treat our customers fairly, and give them the advice and products they need to grow their businesses and achieve their goals.
What we do
Our Expertise & Services
We offer a variety of services. The key is delivering the correct product; many customers are misled by terminology or unaware of the variety of products in the market. We strive to build long standing relationships with businesses and their owners, because the market can often be confusing.
Hire Purchase (Hard Assets)
Typically, Hard assets are wheel vehicles, renewables, Plant, Manufacturing equipment, which is purchased on a Hire Purchase contract.
You all pay all the VAT up front, as well as the initial payment, and have guaranteed ownership at the end of the agreement.
Lease Hire (Soft Assets)
This is a rental agreement where the VAT is spread over the term. You can still acquire title at the end of the agreement via a third party for a nominal fee.
Soft Assets are generally described as goods which have no intrinsic second hand value – the most obvious being IT equipment as it is out-dated so quickly. Have you tried to sell a year old Laptop? Soft Assets are generally purchased on a lease agreement as there is no requirement to own them at the end of term.
Both agreements carry valuable tax advantages and we would suggest you speak with your accountant as to which they would suggest is the most beneficial for your business.
We will finance any business asset, please contact us to discuss your exact requirement and we will be happy to provide a quote and guide you through the process.
There is a new breed called the Alternative Finance Market. This refers to financial channels and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets. Examples of alternative financing activities through ‘online marketplaces’ are reward-based crowdfunding, equity crowdfunding, peer-to-peer business lending, invoice trading third party payment platforms.1
1 Source: Wikipedia
Within the Commercial sector these types of funding, most notably peer-to-peer lending (P2P lending) and crowdfunding, have grown significantly over the past 7 years during a period where banks were widely criticised for not lending enough to small businesses.
There are two main types of Loan:
Commercial and Private equity houses
Offer competitive pricing along with commercial underwriting as they are not at the behest of shareholders. The negative side of these loans is that there is no benefit to early repayment. Once you’re in… you’re in for the full payment (although we best mention that there is a cursory discount for early settlement).
Peer to Peer lenders
Who act as a conduit between investors and borrowers. Whist they will offer the most attractive rates, they can be the most onerous as for future borrowing you will have to go to them first and if they say no… you will need their permission to seek help from another lender. However, settlement of their loans is net book value which can save you a considerable amount as they cannot levy future interest against your business.
Working Capital is the life’s blood of any business
We believe that this is the key to success. These facilities can be applied for, agreed and paid to you within 7 working days!
Did you know that peer to peer lenders have restrictive covenants within their Terms and Conditions which can preclude you from borrowing further in the future?
Merchant Terminal Cash Advances
This is a fantastic facility for hotels, Cafés, gyms, nightclubs, pubs, bars in fact any business where the main income is via the hand held PDQ machine. Your credit does not have to be perfect either… CCJ’s and defaults are not an issue!
Funders look at the average takings on each of your terminals and can offer to lend up to 1 months turn over back to the business. There is no monthly payment, the funder agrees to take a set percentage of every future transaction until the loan is repaid, therefore it works in tandem with your cash flow. The money you receive from the terminal is net of the funders repayment so you don’t have to worry about the facility. The more customers that you have the quicker the facility is paid off. The average term is around 9 months and then you can reapply for a fresh loan to support the business.
Typically, you would pay between 3% – 20% of your takings to repay the loan. The higher the percentage of the takings the lower the interest rate. The agreements are very specific and bespoke. Please contact us for an exact quote.
Are you looking to purchase an existing business? Either to take over the running of or to adding to your current business? We offer either share based or Asset based facilities for acquisition and goodwill loans.
The existing company’s shares are purchased and the directors and shareholding is changed at companies house.
A new SPV is set up and there is a transfer of assets from the existing business to the new entity.
We can tailor these loans up to 10 year and beyond, these are very specific to every enquiry and therefore it is difficult to give an overview. Debentures and life insurance along with PG’s are mandatory on either agreement and there will be additional valuation fees. However, rates start from 2.1% flat so there is also the ability to overpay, reduce the term and settlement is net book value i.e. future interest is not included.
VAT and Tax Funding
VAT is funded over three months with payments in arrears, and we can even pay HMRC directly on your behalf. This is a fantastic working capital facility which takes away the pressure of having to bank for VAT on a quarterly basis. Interest starts from a sum total of 4.5% interest. If your VAT bill is £25,000 then you’ll pay a total of £26,125 in three monthly repayments. This is subject to underwriting and conditions.
This is another working capital facility which is split in two categories:
We can look to refinance recent purchases made within the last six months and this can be for any business asset including: signage, IT, shelving, partitioning, carpet tiles. These are some of the more extreme examples but this does give a good idea of the flexibility we have.
Release the equity within your production line, engineering equipment, Printing press etc. Due to the nature of the facility this is often more cost effective in comparison to a commercial loan. As you are selling title of goods to the funder, but the equipment remains insitu, they have equipment with good residual value which fundamentally reduces their risk which attracts better rates for you to benefit from.
Working Capital is the life’s blood of any business
We can finance new and second hand cars for both business and personal usage as well as fleets. Some diverse examples are:
- Directors – New Tesla model S, 6 month old Maserati Ghibli, New Range Rover Vogue
- Individuals – 2 year old Mercedes C250 AMG, Classic Ferrari Enzo, 3 year old Ford Kuga Titanium
- Fleets – New Skodas, New DAF trucks, New Citroen Vans
Typically, these are on HP or lease. Rates start at 2.9% with a 10% deposit. For the larger fleets we are able to syndicate across a variety of tier one funders. If you are bulked down with business we can even help source the vehicles with our trusted sources to obtain the very best price for you.
Boosts your cash flow by providing an injection of cash into your business immediately once you have delivered the goods or completed the service. Rather than waiting 30 or 60 days to get paid you can raise finance against your unpaid invoices. Typically, you can draw down up to 90% of your invoice value. This solution provides an injection of working capital and an ongoing cash flow facility that is directly linked to your sales.
- Waiting to be paid will be a thing of the past, with cash in your account within 24 hours. Invoice Finance is available for any B2B business with a turnover between £50,000 and £500m, including sole traders, partnerships, limited companies, Plcs and export businesses.There are two options, depending on the needs of your business Factoring or Invoice Discounting, and we will be happy to advise you of the best solution to meet the needs of your business.
Unlike traditional invoice finance this Innovative solution provides you with access to funds on your outstanding invoices via a trading platform. There are no contracts, hidden fees and often no need for personal guarantees. This facility means you can sell as many or as few invoices as you wish to provide you with the cash you need as and when you need it. The fee charges are easy to understand. Typically, a single fee for the trading platform and single for the investor, combined to make up the cost of the facility. We have many clients signing up to this as an alternative to traditional Invoice Finance, and we will be happy to assist you in set and ongoing advice.
Spot Invoice Finance
As an alternative to the traditional Invoice Finance facility, this product enables businesses to access working capital from their invoices on an invoice-by-invoice basis without entering into a long-term contract. Much like Invoice Trading you select the invoices you wish to finance to meet the needs of your cash flow requirements. Typically, it’s a simple basic fee structure making it easy to understand and calculate the cost, and of course we will be happy to assist you in arranging a facility and explain how the charges work.
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