Invoice & Cashflow Management
Another great part of our business that we feel compliments our debt recovery service are our invoice and cashflow finance solutions.
We have a number of providers, both high street and privately funded who can release cash from your invoices until they are paid by the debtor. The choice is yours as to whether you take charge of the credit control or you ask your provider to service you.
We can also arrange for an asset finance broker to contact you to discuss your needs if there is a particularly expensive piece of equipment you need to purchase for your business.
Not forgetting those short term cashflow solutions. You never know when money might be tight and you need short term funding to see you through.
Factoring enables you to access up to 85% of the value of your outstanding invoices. In addition, it provides you with a comprehensive credit control service which allows you more time to grow your business rather than chase debtors. Most businesses that sell on credit terms to other businesses and have an annual turnover of over £100,000 will be able to use our Factoring services. It is also an ideal way to fund MBIs, MBOs and acquisitions.
Invoice Discounting provides you with instant access to working capital, but you remain responsible for your credit control procedures. As it is confidential, your customers are not aware of our involvement. Most businesses that sell on credit terms to other businesses, can demonstrate good internal systems and have an annual turnover of over £300,000 will be able to use Invoice Discounting. With cash availability of up to 85% of the value of your outstanding invoices, it is an excellent way to fund MBIs, MBOs and acquisitions.
Do you have your eye on a new piece of machinery for your business and figuring out the best way to finance it? Asset based finance can be a great solution for you. Paying for it over the useful life of the equipment means you really do get your money's worth from it. What's more you do not have a big expenditure at the beginning only for it to depreciate. Try us first before you purchase. We will put you in touch with the right people.
We understand that sometimes your business needs a little extra help to overcome temporary cashflow problems caused by bad debts, VAT bills or other unexpected pressures on your day to day funding. You might also want extra cash to negotiate discounts from your supplies. We give you that ability. Used alongside your regular Factoring or Invoice Discounting facility, we are able to make decisions swiftly, giving you more financial flexibility without the hassle of going to your bank.