Do you sell goods and services to other businesses?
Having made a sale do you then have to wait for up to 90 days for payment?
Invoice Finance can release up to 95% of funds tied up in invoices, with money released to you within 24 hours.
At a time when many banks won’t provide funding, Invoice Finance can provide a much needed cashflow injection. This is usually by way of a permanent facility with an agreed credit limit, however raising funds against a single invoice with no requirement for a long term contract is becoming increasingly popular.
Cash is usually the most vital resource for businesses so effective cashflow management is essential. Invoice Finance, often known as Factoring or Invoice Discounting, provides access to your cash now.
It is suitable for most industries including manufacturing, distribution, transport and recruitment amongst others. Whether you are established or just starting out, a management buy in/out, a phoenix company, part of a pre-pack arrangement, or simply looking to refinance an existing facility, we can arrange a package tailored to your specific needs.
Don’t worry if you have a poor credit history. Funding is based on your debtor book so lenders are more interested in your customers’ ability to pay than your own financial performance.