THE TWO BIGGEST BARRIERS TO GROWTH

ANND HOW TO OVERCOME THEM

URICA IS FUNDED AND SUPPORTED BY

LACK OF FINANCE

CERTAINTY OF PAYMENTS

LACK OF FINANCETHE FIRST BARRIER TO GROWING YOUR BUSINESS

LACK OF FINANCE

Globally, suppliers face an uphill battle where debt is the Achilles' heal

large businesses need to define and control their credit terms in line with their business

objectives, this often leads to the need for extended credit terms

mid-size businesses are forced to pass through the pressure and remain cash neutral

small businesses are the largest net providers of credit into the system, and are often

forced into using debt products, such as invoice factoring to shoulder the supply chain

on the UK economy

“The delays in paying invoices is a continuing serious problem for SMEs. Large companies are a problem and this

action cascades down the supply chain. In addition with the lack of real financial support from the banks, these are

issues the EIA has been lobbying on behalf of SMEs in meetings at the Bank of England…”

“URICA… the end of invoice discounting.” – Sir Ronald Halstead

debt

credit flow

growth

THIS PROBLEM COMPOUNDS

WHEN YOUR CUSTOMERS

ARE OVERSEAS

LACK OF FINANCE

BANKS TRADE FINANCE ALTERNATIVE FINANCE

WANT SECURITY

NOT EVERYONE’S FRIEND

DON’T REALLY UNDERSTAND

RECOURSE

EXPENSIVE

DEBT, DEBT, DEBT

SOME WILL SOME WON’T

WANT SECURITY

EXPENSIVE

WANT SECURITY

EXPENSIVE

SLOW

TAKE ASSIGNMENT

LACK OF FINANCE

CERTAINTY OF PAYMENTSTHE SECOND BARRIER TO GROWING YOUR BUSINESS

if you don’t have certainty of payment, then going global could be the end of your business

• it’s much more difficult to chase overseas customers

• language barriers cause delays

• you end up working on trust, if you don’t have a way of getting certainty

IT CAN BE A LONG JOURNEYFROM WHEN YOU SUPPLY THE GOODS AND WHEN YOU ARE PAID!

“If they can crack this nut, then they can really solve a problem. URICA, are looking for the ‘holy grail’”

– DR Michiel Steeman, professor of supply chain finance, Windesheim

LACK OF FINANCECERTAINTY OF PAYMENTS

HOW DO YOU

CREDIT

CHECK YOUR

OVERSEAS

CUSTOMERS?

WHOSE LAW WILL YOU

USE IF THERE IS A

DISPUTE?

ONCE THE GOODS ARE

SHIPPED OR SERVICES

PROVIDED WILL YOU

JUST CROSS YOUR

FINGERS?

IF YOUR CUSTOMER

WON’T PAY ARE YOU

ABLE TO AFFORD THE

LEGAL COSTS?

CAN YOU AFFORD TO

GAMBLE WITH

EXPORTING?

THE SOLUTIONONE SIMPLE SOLUTION TO BOTH BARRIERS

more than 75% of businesses say they would take a small discount if their customer offered them early payment

but that’s not going to happen as businesses hang on to their cash hoards to pay down their own debt

URICA! A global supply chain funding network, the Facebook of finance offer the solution to both late payment and the lack of support from

banks and other financial providers. Potentially viral, like Facebook users connect their business networks both up and down their supply

chains removing the need for debt

launched in 2014, with the backing of the UK Government, it’s a common sense way to do business on better terms. But more, URICA is an

online, real time, cloud based platform that connects companies to a strategic alliance of global players and provides a holistic solution

BETTER TERMS

“It’s so innovative it could only have been thought of in Britain”

– Lord Digby Jones, former Minister of State for UK Trade & Investment,

Director General of the CBI and advisor/director of several of the UK’s leading businesses.

URICA

URICA

EXPORT FINANCE

SUPPLY CHAIN FINANCEEARLY PAYMENT

IMPORT FINANCE

ANALYSIS

FIRST CHECK YOUR CUSTOMERS WITH URICA

WE GIVE YOU A LIMIT

WE CREDIT INSURE THE INVOICE

WORK WITH OVER 50 COUNTRIES

EXPORT FINANCE THE EASY WAY

HOW IT WORKS

CONNECT AGREE TERMS TRADE CONFIRM PAYMENT

CONNECT ACROSS THE URICA

NETWORK, SUPPLIERS CONNECTING

TO CUSTOMERS, AND CUSTOMERS

CONNECTING TO SUPPLIERS.

UK AND GLOBALLY

AGREE YOUR TERMS OF

TRADE. HOW SOON YOU

WANT PAYMENT AND HOW

LONG THE CUSTOMER

REQUIRES

EACH TRADE IS EVIDENCED

IN A LITE ELECTRONIC

LETTER (INVOICE)

WHEN BOTH PARTIES CONFIRM,

THE CREDIT RATING OF THE TRADE

IS UNDERWRITTEN BY EULER

HERMES, AND PURCHASED BY THE

BRITISH BUSINESS BANK AND A

GROUP OF INSTITUTIONAL BUYERS

AND THE INVOICE IS PURCHASED

YOU ARE PAID CASH,

INVOICE-BY-INVOICE, WITH

NO RECOURSE, NO

DEBENTURE, NO LOCK UP

AND NO PERSONAL

GUARANTEE

• URICA typically pays you 98% of the invoice value, as early as the day the invoice is sent to the customer.

• All businesses are offered the same rate regardless of their credit.

• The customer has up to 90 days to pay, may share in the economics, and at the same time has certainty in its supply chain and best terms – price, credit and reactivity.

URICA

50%

70%

25%

9045

CHOOSE HOW MANY OF YOUR CUSTOMERS YOU WANT TO USE

URICA WITH, ADD AS YOU GO

YOU CONTROL HOW MANY OF YOUR INVOICES YOU WISH TO

USE URICA WITH

AGREE ECONOMICS BETWEEN YOU AND

YOUR CUSTOMERS

SIMPLY SET HOW MANY DAYS AFTER INVOICING

YOU WANT TO BE PAID

AND SET HOW MANY DAYS CREDIT THE

CUSTOMER WILL HAVE

SUPPLIER

75%

CUSTOMER

HOW IT WORKSURICA

EASY TO ACCESS FUNDING

• Cash early payment of invoices

• no security

• invoice-by-invoice basis

• pick and choose your customers

CERTAINTY OF PAYMENT

• never worry about late

payments

• control when you are paid

• non-recourse basis

GLOBAL COVERAGE

• use URICA in 50+ countries

• grow at the speed you want

• remove your export risks

• you can be paid by URICA

before the goods leave the UK

EASY TO GET STARTED

• no application forms

• instant approvals

• start today

• your invoices can be in GBP,

USD and EURO

ITS NOT JUST FINANCE

• we’re helping businesses

change the way they sell

• URICA helps you win new

customers

• your business will ride out the

rough times

HOW IT WORKSURICA

MATTHEW MCDONNELL

RESIMAC

“If somebody had asked me two

years ago ‘what is the answer to

all your prayers for your export

business’, URICA would tick all

the boxes I had written down.”

MICK PINDER

CHESTERFIELD SPECIAL

CYLINDERS

STEVEN ROBBIE

PR AUTOMATION

“URICA makes all the difference

when dealing with our customers

and when we want to be paid.”

GAVIN JAMES

NUTZ AUDIO

“URICA is a true game changer in

the world of invoice financing.

It’s a term often over used in the

factoring industry BUT it is 100

percent true in this instance.”

CLIVE MAY

BRIAR-GROVE DEVELOPMENTS

“I would encourage any SME to

look into the cashflow benefits of

URICA without a shadow of

doubt.”

“URICA brings us closer to our

supply chain. We can help our

smaller suppliers who need 30

days. It doesn’t hurt us, our

cashflow isn’t exposed.”

JUST SOME URICA MOMENTS

READ THE FULL ARTICLES AND SEE MORE URICA MOMENTS AT www.urica.com

JUST SOME URICA MOMENTS

BOB DEAKIN

BENCHWORKS

“URICA’s platform showed an

actual understanding of the

needs of our business and

provides a much more flexible

service than other financial

providers.”

LAURA GREGORY

GREAT GUNS

“The brilliant thing about URICA

is the flexibility, meaning we can

choose the clients and contracts

we want to deal with, whilst

ensuring our small suppliers are

paid early.”

STUART GARNER

NORTON MOTORCYCLES

“The simplicity and ease of use of

the URICA platform is in a

different league to the banks.”

NEIL JARROLD

CREATOR

“Banks have an issue with what

we do, because is not tangible.

We provide a service, so if the

client doesn’t pay there’s

nothing to recover. URICA makes

the difference.”

STEVE LLOYD

STEVE LLOYD TIMBER

“I can grow without giving a

charge on my business,

mortgage on my house and first

call on my left kidney!”

READ THE FULL ARTICLES AND SEE MORE URICA MOMENTS AT www.urica.com

GET STARTEDTHERE IS NOTHING STOPPING YOU NOW

CONTACT

twitter.com/URICALtd 0044 (0)207 193 7616

Info@URICA.COM

URICA, 3 QUEEN SQUARE, LONDON, WC1N 3AR

www.linkedin.com/company/urica-limited

Plus.google.com/+UricaLimited