Raising funds in order to drive business growth can be one of the main challenges that businesses face. Indeed, many companies try and come up with innovative ways to raise working capital, when the solution is actually right in front of their noses. Thanks to technological advances, a company’s software and associated the Intellectual Property can represent a significant proportion of a company’s overall value and in turn can be used as collateral for unlocking business funding. In fact, the latest figures show that business’ in the UK annually invest over double the amount in knowledge-based assets compared with tangible assets.
This trend has led to lending companies developing new products to meet the changing markets. One example of this is Intellectual Property Funding which is designed to unlock the intrinsic value of your software IP, providing a funding stream that was previously unavailable.
The process is actually very simple and enables companies to retain the full day-to-day commercial use and control of their software during the agreement. At the end of the lending term, typically 3 to 5 years, the rights and interests of the software IP are returned in full to the business.
If you have business software IP that you are interested in unlocking the value of, why not give us a call on 01993 706403 or e-mail enquiries@ngifinance.co.uk and we can discuss your options with you.