Frequently Asked Question
How do Frasers pay my supplier?
Frasers can pay your supplier via a range of methods, most commonly Electronic Funds Transfer and Letter of Credit.
How long is my term of credit with Frasers?
Frasers offers a flexible credit facility, normally up to 120 days.
What security do Frasers require?
This depends on the level of facility required. We aim to be flexible so the minimum security is a Personal Guarantee, further lending may require a property or company security.
What are the benefits of using Frasers?
In our current economic climate banks are lending less to small and medium businesses. Our facilities can bridge that gap and boost your working capital.
How do I apply?
It’s simple, fill in the application form on our website and attach the latest two year company audited financials and one of our specialists will be in touch within 48 hours. Alternatively, use the details on our contact us page and a member of our team will be in touch to discuss your requirements.
Will there be any up-front costs?
We do not charge any fees setting up a facility with Frasers.
Are there any annual facility fees?
Unlike most banks, we do not charge an annual facility fee. Our flexible lending means that all costs are payable in arrears.
Application approval time?
We will aim to answer your query or application within 48 hours and can approve a facility as fast as up to 7 days in some circumstances.
