A fast way to free up funding for your business needs
Release cash tied up in your outstanding invoices. Whether it’s for this month, the next, or beyond, an invoice finance facility helps bring your cashflow forward. We’ve partnered with Kriya, industry experts and provider of invoice finance, to help you grow your business.
With a selective invoice finance facility, you can choose which invoices to fund, without having to commit to every outstanding invoice owed to your business.
Kriya is passionate about helping power up small businesses. Established over 10 years ago, they’ve risen to become an industry leader funding nearly £3b of invoices for businesses of all sizes.
Whether your invoicing needs are large or small, short term or long, Kriya is ready to provide the boost your business needs to grow.
Choose between two options – whatever works best for your business.
A rolling monthly subscription is perfect for shorter term funding requirements, such as three to six months. Ideal for specific or seasonal needs.
A yearly subscription unlocks a discount on your monthly subscription fees. Ideal for ongoing support, whether that’s paying suppliers on time or long-term growth.
Kriya helped this plumbing and heating company to pay their subcontractors on time, maintaining their reputation and delivering the high quality of work they’re known for. The company had payment terms of 30 days for their customers but had to pay subcontractors within 14 days. With a £100,000 Kriya invoice finance facility, they could bridge that gap.
Increasing driver and fuel costs brought unforeseeable roadblocks for this logistics company and hurt its day-to-day business. Without a stable financial safety net, they were faced with uncertainty and some difficult decisions. With an invoice finance facility of £70,000, they could rest easy knowing that they’re prepared and are able to support their team, no matter what.
For this wholesaler, offering longer payment terms for customers helped grow their customer base. With working capital funding a benefit for customers, as they expanded, those payment terms became very costly. Working with Kriya, they were able to arrange terms that bridged that funding gap. A finance facility let them unlock cash from their invoices and allowed the business to purchase plenty of inventory to sell.
We want to make sure you get the best borrowing solution for your needs.
Other borrowing solutions might be available that could be better suited to your circumstances. If you'd like to find out about possible alternatives, please call1 your Relationship Team or go to the homepage of your Barclays app2 and select ‘Direct call’ under the ‘Contact us’ section.
Submit an application by filling out a simple form, or speak directly to Kriya to find out more – someone will call you back within normal business hours (Monday to Friday 9am to 5pm) to answer your questions.
Using key financial figures, Kriya will help maintain progress throughout your relationship with them, helping your business to grow.
Unsecured borrowing that helps businesses spread the cost of a purchase over a set period3.
Borrow up to £100,000 online
Fixed or variable rates
Monthly repayments from one to five years online
An arranged business overdraft lets you borrow cash if you’re facing a short-term cashflow issue4.
Borrow up to £50,000 online
One monthly fee for the facility
Interest is charged daily on the amount borrowed
Manage cashflow and employee spending limits5 with secured and unsecured options.
Up to 56 days’ interest-free when you pay your balance in full and on time
Variable rate after 56 days
Maximum borrowing dependant on circumstances
Helping your business thrive
Find new partners to help your business with payment services, pensions, insurance and funding for growth.
Compare our business borrowing with borrowing offered by other lenders7. You can find out more about the government’s Bank Referral Scheme [PDF, 1.4MB], including eligibility information.
Its award-winning technology searches the market to find the right funding for your business’ situation. It’s quick, easy to use, and their team’s on hand if you need help.
It offers a free and easy way to find different funding options, focusing on making things simple for business owners who don’t have much time on their hands.
It shows you competing offers from lenders, to make sure you see the best terms. You’ll see quotes from up to 45 lenders, in a simple format, so you can easily compare and choose the offer that’s best for your business.
It shows you the broad range of funding options that are available to businesses across the UK and Ireland. After assessing your needs, it matches you with the right solution from over 1000 providers.
