We are working with Quest 4 Finance Ltd to provide online access to a unique and innovative product, Wageroller™. 
Wageroller™ offers funding geared to your wage bill, not your sales ledger or other assets. This revolutionary new form of finance is typically unsecured and is available to any creditworthy business of any size or sector.
Facilities are offered up to the equivalent of two times the business’ monthly gross wage bill. As an example, if your gross wage bill is £250,000 per month, Wageroller™ can offer a facility of up to £500,000.
These facilities have no penalties for early re-payment or fixed monthly fees and provide full utilisation (100%) of the agreed limit that can be accessed on an ad-hoc or rolling basis.
The facility is self managed online and operates in a similar manner to an online overdraft facility that can only be used to pay your business’ wage and PAYE/NI commitments directly, and gives you 56 days before repayment is due after each transaction. Wageroller™ facilities work alongside all forms of asset based finance without affecting existing security arrangements. They are also complimentary to bank overdrafts, and may reduce reliance upon factoring and invoice discounting facilities.
In practice the service has been demonstrated to allow business to accurately predict and reliably manage cash flow peaks and troughs throughout the year, especially during growth and high activity periods.
The service is also invisible to employees, clients, suppliers and competitors, thus maintaining your business’ confidentiality and protecting your advantage.
Wageroller at a glance: Funding geared to the wage bill
Accessible to any credit worthy business, any size or sector Allows full utilisation (100%) of the agreed limit - Facility limits equivalent 2-months gross wage bill
- Compliments asset based funding without restriction
- Self managed online facility (similar to online banking)
- Can be used ad-hoc or on a rolling basis
- Invisible to employees, clients, suppliers, and competitors
- No fixed monthly or annual fees
- Typically no security required
To apply for a Wageroller facility, go to Apply Online and we will process your application for you.
If you are interested in introducing potential Wageroller clients then please apply on the Partners Log-in section.
Asset Finance,Leasing,Equipment Finance,Equipment Leasing,Car Leasing,Van Leasing,Contract Hire,Commercial Mortgages,Secured Loans,Bridging Loans,Factoring,Invoice Discounting,Business Refinance,Sale & Leaseback,Business Consultancy
|