Invoice Finance  can speed up your cashflow, as it allows you to raise money against your increasing sales by accessing cash owed by your customers almost immediately.

For example, a recruitment company based in Manchester, with a turnover of £1.6m, is having problems with cashflow. Despite an increase in the number of placements, it is facing a cash crisis. The problems stem from the fact that the placed associates must be paid on a weekly basis, whereas the clients pay on 45-day credit terms. Furthermore, the actual debt-turn is closer to 60 days.

To bridge this gap, a Business Finance Invoice Discounting facility is the perfect solution. As 90% of the value of the invoices raised is now received within 24 hours, the company can manage its cashflow more easily and the pressure of the weekly outflow against monthly inflows is relieved.

We can improve your cashsflow in a number of ways:

Release funds tied up in unpaid invoices

Invoice Finance

Credit Protection

Release funds tied up in existing plant and machinery

Asset Based Lending

Funding overseas of stock and raw materials purchases 

Trade Finance

For more details on one of our recommended products for your business need call us now on 0800 85 86 87.