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IT and Technology

It's not easy to secure payment when you're working on several industry contracts with unconventional terms. It's a particular challenge for the IT sector, so how can you overcome it and maintain a healthy cash flow?

Finance that supports your growth ambitions – apply online for our Invoice Finance Apply Now >

The continuous development of technology and need for computers in both home and working environments means that there is a constant demand for IT solutions and support from those in-the-know.

With Aldermore you can spend less time focusing on finance, and more on growing your business. We will take the time to understand your business and tailor a cost-effective funding package. Take a look at our Business solutions today.

Featured products for the IT industry

Business Savings

Easy Access Business Saving Account

  • 4.7/5 (428 reviews)

With the Easy Access Business Savings Account, you can take control of your cash and earn a competitive rate

Up to 0.50% AER*

Invoice Finance

Cash Flow Finance

Whether you're a new business or a larger organisation that's looking to expand - Aldermore can help with the cash flow you need to support your ambitions.

Asset Finance

Hire Purchase

Fix the cost of acquiring an asset but spread the cost over time - offering a cost effective alternative to purchasing outright.

Cash for your invoices

Our Factoring and Invoice Discounting services can help you to get access to the funds you're owed fast and simply. Spend more time chasing new business and our credit control solutions will help you to spend less time chasing payment.

If you’d like to free up time as well as money, Factoring can help. We’ll buy your unpaid invoices from you and will give you up to 90 per cent of the value upfront. We’ll take charge of the credit control function too and once we’ve collected payment from your customers, the remainder of the money will be released to you.

If you’d like to manage your finances yourself, Invoice Discounting may be better suited to you. We’ll still buy your invoices from you but we won’t manage your credit control or ledger.

Equipment funding

Asset based lending is another source of finance that can benefit those within the IT industry. Asset Finance can help you purchase equipment while protecting your cash flow. And we'll recommend the most tax-efficient way to do it. We’ll give you funding against the cost of your expensive assets, so whether you need extra cash to fund an investment, development or expansion, you can receive the cash you need. 

Simplified Business Savings

We've a choice of savings accounts giving you the financial flexibility your business needs. Set up an account online in just 15 minutes* and grow your business savings with great interest rates - help us give UK businesses and homeowners a boost while you do it. You don't even need to switch your main business bank account to us to benefit. Read what our customers said about their Aldermore Business Savings account here.

*We will let you know online how to fund your account.  The majority of new customers are able to fund and use their account straightaway.  If this is not the case, we will ask you for further information before you can activate and use your account.

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