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GE Invoice Finance allows you to fund against your increasing sales, which means you can access cash owed by your customers almost immediately. We will advance up to 90% of the invoice value, usually within 24 hours, and the remaining balance is paid when your customer pays.
For example, A Bristol based telecoms provider has been in business for 2 years. However, the company was finding it difficult to grow after its second successful year of trading. Although sales were good, at £1.3m, the company was struggling to grow at the pace pace of the orders, because they were unable to solve the cash-flow gap, thus preventing them from buying in the materials required to fulfill the new orders.
With a GE Invoice Discounting facility in place, the company were able to immediately unlock the capital tied up with the invoices by not having to wait for payment. Thus, they are able to focus on the more important aspects of growing the business as set in the past 2 years, without being impeded by cash-flow problems.
We can help New Businesses 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.
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Contact Us
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Speak to a finance specialist, call 0800 85 86 87.
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Need Funding?
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Learn how our financial solutions helped other companies achieve their goals.
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