Key Finance has been providing leasing services into the High Street retail ecosystem for 25 years, working closely with sole traders, leading multinational chains, franchises, franchisees and distributors.
They can finance a huge variety of projects, including shop builds, shop fits and shop refits, in addition to the build and maintenance of warehouse and distribution centres – encompassing everything from fixtures & fittings and IT through to architectural and planning costs.
At the heart of its business, Key Finance’s unique Project-Based Lending (PBL) tool provides complete funding for core and associated project costs.
PBL is different because it eschews the historic restrictions of asset-based lending – instead recognising a client’s ability to pay, not the value of its assets and equipment.
A spin-off and highly-targeted tool, ShopFit Funder provides a new way for retailers to finance a huge variety of projects, including shop builds, shop fits and shop refits. Encompassing everything from fixtures & fittings and IT, through to architectural and planning costs, ShopFit Funder also covers the build and maintenance of warehouse and distribution centres.
Shopfit Funder helps retailers not just with cash flow and budgeting, but also administration, by pulling all costs associated with a project into one agreement.
Meanwhile, Key Finance can provide support for software costs too, via the Software Funder tool. Many banks do not consider software a tangible asset. However, Key Finance can fund 100% of software costs, including consultancy, implementation, training, support and licence fees. Software Funder can also include the internal costs incurred when delivering a bespoke system.
In short, Key Finance can help companies in the retail sector take advantage of new software, without the need any upfront investment.
“Since introducing Project-Based Lending, ShopFit Funder and Software Funder we have helped many retailers expand and refurbish their businesses,” said Key Finance Managing Director Henry Mounsey. “We always look forward to talking to retailers of all sizes about how we can help fund their new business plans.”
For more information, visit www.keyfinance.com.