For all businesses cash flow is Key, invoice finance is the perfect solution to enable a business to release cash tied up in their unpaid invoices.
● Invoice finance can provide you with up 95% of the invoice value within 24 hours
● Once your client has paid, the provider will send you the balance of the invoice, minus a small fee for the service.
So, for a few pence in the pound, you receive your money within a day, rather than the 30, 60 or 120-day payment terms you have with your client.
There are two main types of invoice financing: ‘full factoring’ or ‘invoice discounting’; and your choice depends on whether you want to manage client invoice payments yourself, or outsource it.
Of course, you may not want your customers to know you have a finance facility in place, so we can provide a confidential option.
We can also arrange for you to fund single invoices, rather than the entire sales ledger, which can be ideal for particularly-high value invoices, or those on longer-than-usual credit terms.
Additional benefits:
● Grow your business with improved liquidity
● Cash flow gives you improved buying power (and the option to take settlement discount when purchasing).
● Allows you time to focus AND grow your own business
● Removes the worry and the need to chase unpaid invoices (that can be awkward and can also impact on future business)
● Gives you the option of offering your clients better payment terms
● Pay your bills, Invest in stock…