Frequently Asked Questions
We offer various financial services, including Invoice Discounting, Factoring, Trade Finance, and Bad Debt Protection. Our innovative funding structures are designed to meet businesses’ unique needs and provide stable and consistent funding solutions.
Bad Debt Protection (BDP) operates alongside all our products. It protects up to 90% of the net value of an invoice if the end customer fails to pay. Simply provide us with details of the customers you want to protect, and we will confirm the funding limits available. If you agree to the limits, you can switch the cover on and get protection against non-payment.
Unlike traditional banks, we are fully independent, allowing us to offer innovative funding structures with transparent pricing and the highest service levels. Plus, we are backed by a major multinational funder, ensuring we can provide stable and consistent funding to your business.
Established by industry veterans Jim Small and Peter Stanton, who bring over 50 years of combined experience. Our commitment to a service-led ethos ensures that we understand each of our clients individually, enabling us to address any queries swiftly and effectively. Our independence from major financial institutions allows us to offer flexible, tailored funding solutions and exceptional service that set us apart from competitors.
With Invoice Discounting, you supply goods and services as usual, then raise invoices. We then provide up to 90% of the invoice value upfront, which you can draw down as needed. You continue with credit control, and once your client pays the invoice, you receive the remaining balance. The difference with Factoring is that we help with the credit control process. Peak have an experienced credit control team ready to work with you.
Absolutely! Our competitive incentive schemes, innovative funding solutions, and reliable support can benefit accountants. Partnering with us helps accountants provide their clients with financial stability and growth, enhancing their reputation and client relationships.
To get started, contact us with your funding needs. Our team will assess your requirements and offer tailored solutions. Once agreed upon, we will set up your account, and you can start benefiting from our funding services right away.
There are no hidden fees—just transparent pricing. At Peak we realise a one size fit all approach to pricing does not work. For detailed information about our different pricing structures, please contact us directly. We’ll provide you with a clear breakdown of costs so you can make informed decisions.
We operate from offices in Macclesfield and Birmingham, serving clients across all parts of the UK. Our widespread presence ensures we can offer localised support and services to businesses nationwide.
You can contact our dedicated team of experts for more information or support. Whether you have questions about our services, need funding advice, or want to discuss a potential partnership, we’re here to help. Contact us today to start the conversation.