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Manufacturing finance explained

Updated:
January 28, 2020
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Having experienced recent growth in the British economy, manufacturing is an important industry in both UK and global markets.

Cash flow for manufacturers can be difficult to balance however, with businesses facing expenses such as rent, leases and having to frequently pay suppliers.

Paying for these costs can be difficult for manufacturing businesses largely due to being paid on regular, but lengthy, payment terms.

Manufacturing finance offers a way for manufacturers to relieve these financial pressures by providing advance payment to cover these costs. From a long-term perspective, this aids in providing financial flexibility and greater potential for growth.

KRIYA'S OFFERING

We offer a range of funding solutions that could help your business, including contract finance, selective invoice discounting , confidential invoice discounting and loans.

It’s quick and easy to access funds, which means you can get the cash flow you need to get on with business. With Kriya, you get:

  • Fast funding: quick funding decisions and set-up
  • Hassle free experience: easy to use digital interface
  • Help in real-time: personal customer support
  • Straightforward costs: no hidden fees
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