Switching Funding Provider - How We Support Your Transition
Switching funding provider can be both daunting and sometimes urgent. Especially when it is triggered by a service withdrawal rather than a strategic choice. With a large bank scaling back funding services. Many UK businesses have found themselves without the tailored support they once relied on. While the need for continuity is immediate, the opportunity for improvement is just as pressing.
At Partnership Invoice Finance, we are helping businesses turn this period of change into a sustainable growth opportunity. Switching does not need to be complex or risky. With a team of dedicated funding professionals and a focus on practical delivery. We provide fast, clear, and human support every step of the way.
When Change Is Thrust Upon You
When a bank or funder exits a service or market, it can catch business owners off guard. This shift places strain on operations, forecasting, and most of all, cash flow.
Switching funding provider is not just about replacing one product with another. It is about regaining control. It is about choosing a partner who understands your financial landscape.
Businesses come to us because they need:
- Fast access to working capital.
- Hands-on help support to aid the transition
- Clear terms with no surprises.
- A funding relationship that prioritises stability and communication.
The Transition Process: Built to Be Seamless
Every transition we manage is tailored. But the goal is always the same: minimal disruption and maximum clarity. Whether you have 30 days or just a week to change providers, our systems are designed to move quickly. Without compromising care or compliance.
Step One: Understanding Your Current Position
We start with a no obligation consultation. This is where we learn about your current facility, funding structure, and your current business landscape. We then provide initial guidance on the best next steps.
Step Two: Building Your New Facility
Using your debtor book, cash flow statement, and key business metrics. We design a funding solution that matches your needs. Be it recourse factoring, or disclosed invoice discounting. Our proposals are tailored, and our pricing is fully transparent.
Step Three: Managing the Switch
We liaise with your current provider, and manage your successful onboarding. The aim is to prevent any funding gaps or confusion. Ensuring you maintain positive relationships with both clients and suppliers.
Step Four: Ongoing Support That Works
After the switch, our team remains hands on. You are assigned a dedicated relationship manager who will assist you with any queries you may have.
Common Switching Concerns and How We Solve Them
Changing how you fund your business naturally raises questions. Below are some we hear most often from transitioning clients:
“Will my cash flow be disrupted?” No. As we are full member of Uk finance and work in line with their switcher guidance to ensure a smooth transfer.
“How long does it take to get started?” Typically, facilities are approved and active within 5-10 working days. Initial drawdowns can occur on the day of onboarding.
“Can I choose which invoices to fund?” Yes. We can offer flexible options whereby you can discuss which clients to fund.
“Do you manage customer relationships carefully?” Absolutely. If we handle collections, our credit control services are always personal, courteous, accurate, and brand aligned.
Why Partner with an Independent Provider
There are few truly independent invoice finance companies in the UK. This matters. Independence means we:
- Make our own decisions.
- Move fast when others pause.
- Tailor facilities to our clients.
It means your funding facility is built around your business. Not shareholder returns or quarterly reports.
A Strategic Move That Brings Clarity
Even when change is unexpected, it can lead to better outcomes. For many clients, switching funding provider has resulted in:
- Faster access to capital
- Better visibility over costs
- More responsive relationship management
At Partnership Invoice Finance, we focus on building resilient, long standing funding partnerships. Whether you are navigating a bank exit or simply seeking a more supportive provider. We are here to help you move forward.
Take the next step with confidence. Contact us today to start switching funding provider.
Chris Falby
With over two decades dedicated to helping businesses in the South East thrive, Chris, Sales and Marketing Director, brings a wealth of knowledge in securing financial assistance for SMEs. His career began in mainstream banking, where he gained valuable experience managing advances. This foundation, coupled with his extensive network and expertise in independent funding, allows Chris to provide tailored invoice finance solutions that meet the unique needs of each client.