Aldermore: The Ultimate Guide We think it’s useful that Aldermore provides invoice finance in several forms and has an extensive customer service department. We’ve noticed that its relationship managers are dedicated to building a successful business relationship with you. They have a proven track record and understand the challenges faced by small and medium-sized businesses in the UK. But are they right for you? Let’s find out
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Aldermore: Our performance rating out of 5 stars:
Our Overall Rating 4 .6 out of 5 stars
Industry Expertise & Risk Assessment 4. 8 out of 5 stars
Speed & Efficiency 4.5 out of 5 stars
Transparency & Cost Structure 4 out of 5 stars
Customer Service & Support 4.6 out of 5 stars
Technology & Integration 4.8 out of 5 stars
Useful links about Aldermore from our article:
Benefits of Aldermore
Downsides of Aldermore
What Does Aldermore Offer?
What Other People Think of Aldermore
What Do Staff Think of Aldermore?
Aldermore News
Aldermore Awards
Aldermore Improvements
Aldermore Issues
Our Verdict on Aldermore
How have we rated Aldermore
For every provider we assess, including Aldermore, we rate them out of five stars on the five most important categories we have researched for the product / service offering. You can read about out review process & methodology here .
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Benefits of Aldermore What Other People Think of Aldermore Summary of Aldermore: Real Reviews Aldermore Invoice Finance is a modern retail bank with an excellent reputation among businesses as a reliable lender offering flexible Invoice Finance products and specific services. They offer various solutions to help SMEs meet their working capital requirements, having assisted 37,000 UK businesses with funding worth £2.2 billion since 2009.
Positive Aldermore Reviews
Negative Aldermore Customer Reviews
Aldermore Commercial Video
Aldermore: What To Expect as a User Don’t have time to watch the video guide? Here’s a visual of Aldermore so you know what to expect:
Aldermore: The Design & How it Affects Users: Aldermore Invoice Finance makes it easy to get started by connecting you with a relationship manager who can assess your needs and they will then craft a package tailored to your company’s unique requirements.
Aldermore: What Sets it Apart From Its Competitors? Aldermore caters specifically to SMEs, which can be notoriously tricky to receive invoice financing assistance for. This focus allows them to provide competitive rates, and better understand the specific needs of smaller businesses, which also allows them to create customised and relevant packages for their customers.
What Do Staff Think of Aldermore? Working at Aldermore Bank is generally seen as positive, with employees highlighting a supportive work environment and opportunities for professional growth and the company is appreciated for its focus on work-life balance and the flexibility it offers to its employees. However, some reviews mention challenges related to the fast-paced nature of the work and occasional organizational changes.
Aldermore Latest News ‘Bibby Financial Services acquires Aldermore’s Working Capital Finance division’.
Read more here .
‘Over 3.6 million SMEs suffering late payments, hindering investments says Aldermore’.
Read more here .
‘Late payments cost UK SMEs £97k on average as outstanding debts rise’.
Read more here .
Aldermore Awards
Forbes 2024 World’s Best Banks – Aldermore was ranked as the No.1 bank in the UK, showcasing its strong customer satisfaction and reliable service.
MoneyComms Top Performers Awards 2024 – Aldermore was recognised as the Business Savings Provider of the Year, reflecting its competitive savings products for businesses.
Moneynet Awards 2024 – Aldermore won two awards: Best Regular Savings Provider and Best Variable Rate Business Savings Provider.
Savings Champion 2023 Awards – Aldermore was recognized as the Best Business Easy Access Account Provider and received the award for Best Savings Account for Existing Customers
Improvements of Aldermore over the Years We like that Aldermore is scalable to growing businesses financial needs, and that you can add on Bad Debt Protection for an extra level of security and peace of mind. They offer a pretty standard return of 90% of invoices within 24 hours, but we do like their online portal which allows customers to access all of their financial information at any time.
Issues of Aldermore Over the Years While we think Aldermore could be a great solution for SMEs, they do have some concerning reviews across sites outside of Trustpilot, which could deter some cautious potential customers.
How to Sign Up With Aldermore
Our Verdict on Aldermore Aldermore invoice finance UK is a modern retail bank founded in 2009 that focuses on small- and medium-sized businesses. It has over 37,000 business customers and funded £2.2 billion to date.
Their Invoice Factoring service is a popular and suitable option for small businesses. It gives you up to 90% of the cash value of open invoices. This allows you to make payments on those invoices in a fraction of the time it typically takes–with no credit checks or collections necessary.
A dedicated Relationship Manager will offer a tailored service and a full range of support, including online and phone assistance and face-to-face meetings at their network of twelve regional SME offices throughout the UK.
Check out our other useful links about Invoice Finance Hi, I’m Ally Cox , a senior copywriter and blogger at CompareYourBusinessCosts.co.uk, the UK’s trusted platform for comparing business services.over a decade of experience in the B2B sector, I specialise in simplifying complex topics like leased lines, VoIP, business energy, HR and payroll solutions, accounting software, and EPOS systems .HR, copywriting, and business operations- from clocking-in systems to card machines and office technology .informed, confident decisions when choosing products and services that improve efficiency and save money.
