HCH Finance is a online provider of working capital financing to small to medium sized businesses. We offer financing mainly through our invoice factoring and invoice discounting products. We believe in making business financing fast, simple, and transparent so that business owners like you can spend your time growing your business, not managing your cash flow.
No. You can use HCH Finance even if you don't use invoicing or accounting software.
The HCH Finance application is three simple steps that can be completed in minutes.
We ask for:
Qualification for HCH Finance is determined based on a number of factors. These factors include, but are not limited to, your business cash flow, the strength of your customers, and to a lesser extent your personal and business credit history. You do not have to have perfect credit to work with us. We work with a broad range of clients, including those with below average credit.
After the registration process, we typically respond to your application within 24 hours.
HCH Finance offers up to 90% cash payment for each invoice value ranging between Ugx5, 000,000 and Ugx50, 000,000. Your credit line is the total amount of funding that you can have outstanding at any given time, and will replenish as your customers pay outstanding invoices (for invoice factoring).
No. As long as you have no balances outstanding, you can stop using HCH Finance at any time with no penalties or fees.
HCH Finance financing is not unsecured. However, we do not require any specific amount, type or value of collateral and no appraisal or specific assets are required. Financing is secured by a general lien on the assets of the business and backed by a personal guarantee. We do not take personal assets as collateral.