Financial Terms Glossary

Floating Charge

Formal

A charge (see also Charge definition) over the non-fixed assets of an enterprise, ensuring a higher level of security for providers of finance to businesses, eg banks.

Informal

'Ship ahoy' and 'Shiver-me-timbers' - are nothing to do with a Floating charge whatsoever. It's a charge (see Charge definition) that can be pinned onto anything that moves and that is owned by the borrower of funds.

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.
Find out how

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Phone
+44 (0)1256 338635
Address
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK