THE TWO BIGGEST BARRIERS TO GOING GLOBAL AND HOW

TO OVERCOME THEM

URICA IS FUNDED AND SUPPORTED BY

LACK OF FINANCE

CERTAINTY OF PAYMENTS

LACK OF FINANCETHE FIRST BARRIER TO GOING GLOBAL

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 chainon 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 CUSTOMERSARE OVERSEAS

LACK OF FINANCE

BANKS TRADE FINANCE ALTERNATIVE FINANCE

WANT SECURITYNOT EVERYONE’S FRIEND

DON’T REALLY UNDERSTAND YOURECOURSE

EXPENSIVEDEBT, DEBT, DEBT

SOME WILL SOME WON’TWANT SECURITY

EXPENSIVE

WANT SECURITYEXPENSIVE

SLOWTAKE ASSIGNMENT

LACK OF FINANCE

CERTAINTY OF PAYMENTSTHE SECOND BARRIER TO GOING GLOBAL

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 CUSTOME

RS?

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

12

mission – fintech connectivity & networking, an holistic solution

global distribution& underwriting expertise

big data, rating, underwriting& global collection

credibility& finance

more than 75% of SMEs 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

EXPORT FINANCESUPPLY CHAIN FINANCEEARLY PAYMENTIMPORT 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

NO MORE LACK OF FINANCE

We’ll provide you cash early payment

on your invoices, without security and on a non-recourse

basis.

There are no limits to the number of

customers you can work with.

The age of your business is not a

factor.

CERTAINTY OF PAYMENT

You’ll never need to worry about late payments or lack

of payment.

We never ask for the cash back from

you.

You know before you take on the

order that you will be paid on time

every time.

AND THERES MORE

We have global coverage, so you can use URICA in 50+ countries.

You can grow your business at the speed you want, without the risk

normally associated with exporting.

AND THERES EVEN MORE

We support businesses in all

sectors.

Works for Products and Services.

There’s no long-drawn out ‘getting

started’ phase.

AND JUST A LITTLE MORE

Your invoices can be in GBP, USD and

EURO.

You can be paid by URICA before the

goods leave the UK!

HOW IT WORKSURICA

MATTHEW MCDONNELLRESIMAC

“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 ROBBIEPR AUTOMATION

“URICA makes all the difference when dealing with our customers and when we want to be paid.”

GAVIN JAMESNUTZ 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 MAYBRIAR-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 DEAKINBENCHWORKS“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 GARNERNORTON MOTORCYCLES“The simplicity and ease of use of the URICA platform is in a different league to the banks.”

NEIL JARROLDCREATOR“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 LLOYDSTEVE 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