The finance partner of choice for payment service providers
We're partnered with the UK’s leading Payment Services Providers (PSPs) and Independent Sales Organisations (ISOs).
Southbank Asset Finance delivers capital to the fast growing payment processing market and have a dominant market position. Our clients provide payment services to 000’s of UK businesses enabling them to accept payments by debit or credit card, mobile or other devices, both for customer present or online sales transactions.
In view of the current trading restrictions on certain businesses we, together with our clients, have offered a peppercorn payment holiday to our customers. Please contact Paytek Administration Services www.paytek.uk.com or your payment services provider for further information if you are still unable to re-commence trading under current rules.
What We Do
Who we work with
Our sister company Paytek Administration Services Ltd manages the administration of the services agreements and deals with invoicing and collection of services payments on behalf of both our clients, and us as finance providers.
Our clients are innovative businesses whose aim is to provide their UK customers with a first class payments service. This includes the payments infrastructure required to meet their customers’ needs such as the latest card payment terminals, connectivity and acquiring services, payment gateways, integration with till systems, performance data and other bespoke services, all included in a straightforward services agreement.
Southbank is proud to work with the following ISOs and Payment Services Providers: Paymentsense; First Payment Merchant Services; Netpay; Valitor; V9 Group; Universal Transaction Processing; Merchant Hub; Monek; NXGen; Paybrid; Payment Plus; PDQ; South Coast Payments; Verofy; WTS; Yorkshire Payments; XLN; It's Lolly; Kwalitas; Cutpay; Paymetryx
and many other leading ISOs and PSPs.
Southbank was formed in 2011 by Antony Chandler and Paul Oliver who wanted to support those independent payments companies who were helping small and medium size businesses take card payments. We knew that these independent payments companies were passionate about giving small businesses a better deal and a better service than the large bank acquiring businesses were able to provide and we knew that with a flexible receivables finance option they would be able to grow and help more and more small businesses benefit. So we provide the finance so that they can grow their businesses and more and more SMEs can benefit.
We are proud of our part in enabling UK business to get a better deal and we are proud that we are the finance provider of choice for most of the UK's leading independent PSPs and ISOs.
Our sister company, Paytek Administration Services Ltd, handles all contract management and administration on behalf of Southbank and its clients.
Since formation, Southbank has financed in excess of 150,000 contracts for our clients.