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Love Business unveils NatWest Rapid Cash as sponsor

NatWest Rapid Cash, an innovative new finance solution which provides businesses with an alternative to a traditional overdraft, has signed up as a sponsor for Love Business 2020.

The event, which takes place on 27 February, at the Holywell Park Conference Centre, in Loughborough, will offer Rapid Cash the platform to showcase its brand and solution to thousands of business delegates from across the East Midlands.

Rapid Cash offers businesses a modern line of credit unlocked by unpaid invoices, with greater flexibility and automation than most traditional finance facilities. It enables business to borrow against their unpaid invoices and get a flexible line of credit from £25,000 to £500,000.

It syncs with the user’s accountancy platform and generates a real-time credit limit based on the value of their eligible invoices.

Users can choose which customers to borrow against and pay only for the funds they draw on. The available limit is adjusted as invoices are raised and paid.

In addition, the platform has two-way data sharing, which makes reconciliation seamless. A customer pays an invoice into the user’s Rapid Cash account and they'll see it appear in their accounting software instantly, with no need for data entry or uploading invoices.

As well as supporting the event and using it as a platform to launch Rapid Cash to businesses in the East Midlands, the Rapid Cash team will be giving a presentation on the day to talk about its benefits.

Julie Dann, Head of Rapid Cash, said:

“We’re absolutely delighted to sponsor Love Business 2020. It looks a fantastic event and my team and I look forward to showcasing NatWest Rapid Cash to business owners in the East Midlands.”

Steve Megson, Managing Director of Love Business organiser Quiet Storm Solutions, said:

“We’re pleased to welcome NatWest Rapid Cash on board as a sponsor.

“Maintaining good cash flow is of critical importance to many businesses here in the East Midlands and Rapid Cash provides an innovative solution to the issue.

“We look forward to helping them showcase the platform and the benefits it brings to businesses attending this year’s expo.”

For more information about Rapid Cash, visit https://rapidcash.natwest.com/

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