What is Bespoke Financing?

Bespoke financing is referred to as a loan that’s personalized specifically to a client through creative financial product offerings. Instead of offering a generic loan repayment to a client, the loan repayment is structured, generally, on the clients expected ability to repay the loan over time, but can include a number of financial products, such as invoice financing, asset-backed loans, equipment refinancing/financing, etc. This is particularly important when considering the loans are often used for cash-hungry businesses looking for working capital to redeveloping property or using the funds for different investments to grow their business.

Entering 2023, traditional lenders, such as banks, are becoming far more risk adverse when it comes to lending and bespoke financing. However, fintechs and other alternative lenders have embraced bespoke financing as a significant component of their service offerings.

What is Invoice Factoring?

What is Invoice Factoring?

Invoice factoring is a financial transaction and a type of debtor finance. In an invoice factoring agreement, a business sells its accounts receivable (invoice) to…
2022 Invoice Factoring Rates and Costs

2022 Invoice Factoring Rates and Costs

Businesses looking for the best factoring company to improve cash flow often focus their negotiation efforts on getting the lowest rate. While this approach feels…
How Asset-Based Lending Can Unlock Your Business Growth

How Asset-Based Lending Can Unlock Your Business Growth

Asset-based lending has many benefits to businesses. One benefit—perhaps the most important—is the available flexibility to unlock your growth and ensure you reach your goals.…

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