Skipton Business Finance

🚀 Empowering the next generation with financial confidence! At Skipton Business Finance, we know that financial literacy is a key life skill - one that everyone should have access to. That’s why we're proud to support WizeUp Financial Education in delivering impactful financial workshops to young people across the UK. We partnered with WizeUp to bring an engaging financial education session to Abbey School in Rotherham, a mixed special school for children with moderate to complex learning difficulties. Through hands-on activities covering budgeting tips and creative business ideas, students explored how to earn, save and manage money - helping them to build essential skills for their future. 92% of students that attended the session reported an increase in financial confidence and decision-making. With our support, WizeUp will continue expanding these workshops across the UK - including upcoming sessions in Bristol and Chorley. Check out the link below for more information > https://lnkd.in/eVFZRavq #FinancialEducation

Meet Tracey Grogan, our Regional Operations Director for Leeds. Tracey has been with Skipton Business Finance for over 17 years and oversees the operations function in Leeds! She has extensive experience working within invoice finance and delivering exceptional client service in the region. Find out more about our team here > https://lnkd.in/eYx82fZD #BusinessFinance #InvoiceFinance #CashFlowSolutions #FinanceMadeSimple

Customers failing to pay the money owed to you is a risk that every business faces, with the consequences often being detrimental. Bad Debt Protection (BDP) is a sensible choice for any business wishing to safeguard against these potential losses. But how does the BDP product work? 1. You can choose to protect the whole of your sales ledger or selected customers 2. We confirm a BDP limit for the customers you requested limits on 3. We can provide up to 95% of the debt outstanding 4. It compliments your Invoice Finance facility Find out more here: https://lnkd.in/eVHQ_3uP #SkiptonBusinessFinance #BadDebtProtection #CashFlowSolutions #BusinessFinance #FinanceMadeSimple

We recently supported Blackburn-based plant hire business B&W PLANT HIRE AND SALES LTD. with a £3.5m invoice discounting facility to return ownership of the business into family hands. B&W Plant Hire operates depots in Blackburn, Keighley, Northwich and Southampton and operates over 2,500 modern machines, from micro excavators to 50-tonne models nationwide, and the invoice discounting facility from SBF supported their demerge from a corporate group that acquired a stake in the business in 2022.🏗️💨 "Thanks to the exceptional support from Skipton Business Finance, we've not only regained full ownership of our business, but also unlocked exciting new growth opportunities." - Will Whitwell, Managing Director of B&W Plant Hire & Sales Ltd. Read the full story here: https://lnkd.in/eHpm8Rm3 #PlantHire #BusinessGrowth #CashflowMadeEasy

Meet Stephanie Odunston, our Head of Bad Debt Protection Stephanie has over 34 years’ experience in the invoice finance sector. Before Stephanie’s career in invoice finance, she worked as a bookkeeper for five years in a manufacturing group and has a deep understanding of the challenges facing business owners. Stephanie has a broad knowledge given her various roles in risk, relationship management, sales, leadership and bad debt protection! Since joining Skipton Business Finance in 2023, Stephanie has supported over 130 clients adding bad debt protection to their facilities, giving them peace of mind to grow with confidence. Beyond finance, Stephanie recently celebrated her 60th birthday and is mum to two children, a daughter working in the recruitment sector and a son who plays semi-professional football. Stephanie is passionate that, as industry experts, we need to explain the mechanics of invoice finance in simple terms for business owners to easily understand and always deliver excellent customer service. Looking to chat about bad debt protection? Connect with Stephanie today! #SkiptonBusinessFinance #MeetTheTeam #FinanceExpert #BusinessGrowth

If you're tired of waiting for your customers to pay, our streamlined Invoice Factoring product can help you unlock up to 90% of your unpaid invoices - giving your business the cash it needs, when it needs it! How it works in 5 easy steps: 1. Deliver goods or services as usual 2. Invoice your customers 3. Notify Skipton Business Finance - we can advance up to 90% of the invoice value straight away 4. Our expert credit control team secures customer payments for you 5. Once payment is received, you get the remaining 10% (minus our agreed service fee) Ready to improve your cash flow? Let’s talk! https://lnkd.in/eN7j9cz #SkiptonBusinessFinance #InvoiceFactoring #CashFlowSolutions #BusinessFinance #FinanceMadeSimple

🚀 Record Growth for Skipton Business Finance! 🚀 We're thrilled to announce a 13% rise in pre-tax profits to £10.8M and a record £2.5B turnover among the businesses we support! ✅ Client satisfaction up to 98.64% ✅ Funds in Use (FIU) up 11% to £190.1m ✅ Charitable donations up 10%, with the key benefactor being WizeUp Financial Education ✅ Over 30 community initiatives backed by our Communities Matter grant scheme 💡 Looking ahead, we remain focused on innovation, strategic partnerships, and supporting business success. Here's to another year of empowering UK businesses! Read the full story here: https://lnkd.in/ej8yzajs #SkiptonBusinessFinance #Growth #BusinessFinance #BusinessSupport

Got questions about invoice finance? We’ve got answers! Navigating business finance can be complex, but we're here to make it simple. Whether you're wondering how invoice finance works, what it costs or how it can benefit your individual business; our Frequently Asked Questions page has all the answers you need. From cash flow support to funding growth, we break it down in a clear and straightforward way. And if you can't find what you're looking for, our team is always happy to help! Check it out here: https://lnkd.in/e9_VMgWU

After an incredible career in invoice finance spanning over 25 years, Andrew Johnson is retiring from Skipton Business Finance. Andy began his journey in the industry in 1997 at TSB Factors and went on to make his mark at Bibby Financial Services, Ultimate Finance and Davenham Trade Finance. In 2009, he joined SBF, shortly after our Manchester office opened, and has played a key role in expanding our presence across the North West and far beyond! From Cornwall to Scotland, Andy has supported businesses across the UK, earning a stellar reputation among his introducers and peers. Beyond his expertise, Andy's warmth, good nature and wealth of stories (including his memorable client visits to farms) have left a lasting impact on our team. His presence will be truly missed in the Manchester office. Andy, we wish you a fantastic retirement filled with new adventures. Join us in celebrating Andy’s remarkable career in the comments below! 🎊👇

We were recently featured in the February issue of Bridging & Commercial, in which our Chief Commercial Officer Matthew Shepherd spoke about the importance of financial education in young people and adults. Our feature highlights how almost half of 18-24 year-olds are currently in debt in the UK, and a staggering 39% of adults (20.3 million) lack confidence in managing their money. These figures highlight a major gap in financial education - one that needs urgent attention. While finance is included in the school curriculum, it’s clear that more practical and comprehensive learning is required to truly prepare young people for real-world financial decisions. To find out more and what it means for the business finance industry, check out the article below ⬇️ #FinancialEducation #MoneyManagement #BridgingandCommercial