Invoice Finance and Factoring – Cashflow Funding
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.
As a Specialist Broker we look at the whole market in this complex sector to get you the best possible deal for your business.
This remains a competitive market with products and funding terms changing quickly, but as we speak to the lenders daily we are completely up to date with what’s available. We are independently owned and impartial so will always partner you with the most competitive funder for your business having discussed your needs in depth with you.
Choosing the right funding package isn’t always straightforward, as there are various elements to the overall pricing. Simply choosing what appears to be the cheapest quote isn’t always the best option, as there may be cheaper options once extra costs are taken into account. We do this work for you as we understand the detail of what is being offered.
Our funding partners are trusted, reputable and experienced, the quality of service they offer is often as important as the terms of the finance package. We can help you choose the one that’s exactly right for your business. Preferential rates and fees are also available exclusively to Omega and our clients from time to time.
To find out how we can help please click here to enquire.
We do suggest speaking directly to our Invoice Finance specialist Tim Stringfellow on 07599 712474