2012

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    Recourse Factoring for a Derbyshire Based Printer - Lower Rates, Better Service

    This deal combined finding improved recourse factoring rates with improving on the service provided by the factoring company.We spoke to this small Derbyshire based printer in order to understand the issues with their existing factoring company and they used our free, independent quotation search to find an alternative recourse factoring quotation from an alternative factoring company that were...

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    November 2012 Free Factoring Newsletter Available

    Our latest free factoring newsletter is now available....

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    The Reasons Why Only 2% Use Construction Finance

    As part of our recent #constructionfinance survey we asked 100 construction businesses if they needed to raise finance over the next 12 months - 65% said they did. However, we also asked if they used invoice finance or finance against applications for payment (hereafter called construction finance). Only 2% used construction finance so we went on to ask those that didn't use construction finance...

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    Only 19% Of Construction Businesses Have Had An Invoice Finance/Applications Finance Quotation

    Our construction sector finance survey revealed that 65% of construction business (100 surveyed) anticipate the need to raise finance over the next year and only 2% of construction sector businesses (in our survey) used invoice finance/applications for payment finance.We also asked these construction sector businesses if they had ever received a quotation for invoice finance/applications for...

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    Deal Completed - Jewellery Supplier New To Factoring

    We are regularly able to help businesses that are new to factoring such as a #factoring deal that we completed recently for a Glasgow based jewellery supplier.They were new to factoring but needed funding to support a new product offering. We completed a free, independent quotation search for factoring on their behalf and introduced them to a factoring company that will be able to meet their...

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    Latest Factoring & Invoice Discounting Newsletter Published

    To read a copy of our latest free factoring and invoice discounting #newsletter please see: October 2012 Invoice Finance NewsletterThe newsletter contains details of new product offers, case studies and survey results that we have published....

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    Deal Completed - Factoring For Recruitment Company Growth

    I publish details of a selection of the #factoring deals that we complete through our invoice finance brokerage and a recent example was this recruitment company with a turnover of £1,700,000 per annum who were looking for factoring in order to fund the growth of their recruitment business.The recruitment sector are classic users of factoring as they need to pay their staff before they get paid...

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    Deal Completed - Factoring Steel Stockholder

    Our surveys repeatedly suggest that most #factoring clients are happy with their factoring arrangements but for the minority that is not the case.We were recently able to assist a steel stockholding business turning over circa £2 million per annum that were not happy with their existing factoring company. They felt that the credit controllers at their existing factoring company were being overly...

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    65% Of Construction Businesses Need To Raise Finance

    My previous post was that only 2% of construction sector businesses (we surveyed 100 randomly selected #construction businesses) said they used invoice finance or finance against applications for payment.We went on to question them about their future funding requirements and 65% said that they expected to need to raise further finance during the course of the next 12 months!This should present a...

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    Construction Finance - Invoice Finance - Applications For Payment Finance

    Further results from our #constructionfinance research study during which we questioned 100 randomly selected construction businesses about their finance related requirements.We asked them if they used any form of invoice finance or finance against applications for payment and of the 100 businesses interviewed only 2 said that they did use invoice finance or applications for payment finance. We...

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    Deal Completed - Recourse Factoring For Archaeologists

    A very strange #factoring deal that we completed recently! Recourse factoring for a firm of archaeologists!They were looking for working capital to fund the growth of their business and we found them a recourse factoring facility that would do that. Recourse factoring will give the client the benefit of a credit control service to help them collect their outstanding sales invoices together with a...

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    Construction Sector Finance Research - Applications For Payment

    We have recently conducted some research into the construction sector and its finance requirements which I am going to publish.Traditionally invoice finance companies didn't get involved with funding the construction sector but that has all changed. There are now a number of options for construction sector businesses where invoice finance companies have developed specialist funding services for...

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    Deal Completed - Confidential Invoice Discounting For Transport & Warehousing Company

    We were introduced to this prospect very late in the process to this Transport and Warehousing company after they had been working with a bank backed invoice discounter for 10 weeks trying to establish a Confidential Invoice Discounting facility. Within 48 hours of contacting us, the prospect had been visited by an independent invoice discounting company that we introduced and a few weeks later...

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    Most Popular Invoice Finance Products

    I have just analysed the last 20 deals that we completed to see which invoice finance products were most popular.Eleven were recourse factoring, four were non recourse factoring (with bad debt protection). Just two were confidential invoice discounting, one was export factoring, one was export CID and one was a debt collection facility.Interesting that recourse factoring (funding with a credit...

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    Another New Fixed Fee Invoice Finance Service Launched

    Another of our invoice finance partners had launched its own fixed fee invoice finance service. A fixed fee service gives the client peace of mind as they know exactly what their charges are going to be each month which helps budgetting and prevents any surprises.This particular offering includes a 3 month service guarantee, one free CHAPS transfer each week and no re-factoring fees or charges....

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    Deal Completed - CID for Joinery Manufacturer

    Confidential invoice discounting found for a client that wanted CID to fund their growth.The client was a joinery manufacturer turning over 1.2m pa but these days CID is available for pretty much all sizes of business.More CID deals to follow . . ....

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    Deal Completed - Factoring For A Recruitment Company

    Some deals are straightforward! Like this recruitment business, turning over £1.7 million a year, thar we just found a non recourse factoring service.They wanted factoring to finance growth and the non recourse option to protect against bad debts.More factoring deals to follow . . ....

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    New Cash Flow Finance Product Launched - Will Beat Your Existing Quote By 10%

    One of our funding partners has just launched a new cash flow funding product, an alternative to overdraft, that is simple, has a single fee, a 6 month trial period and the options of confidentiality and bad debt protection.The product provides a business with 85% of their invoice value as soon as they raise the invoice - the remaining 15% (less their fee of between 0.95% and 2.95% dependent upon...

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    Factoring Deal Completed - Change Factoring Companies Due To Poor Service

    It is not always a case of clients wanting to save costs or raise more finance. Once recent deal wanted to move between factoring companies as they were unhappy with the service they were receiving from their existing factoring company. Most clients that use factoring are happy with the service that they receive but there are always exceptions in any industry.This steel stockholding business...

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    Businesses Expect 14.6% Turnover Growth During Next 12 Months

    Recent figures showed a GDP (Gross Domestic Product) contraction in Q2 2012 of 0.4% but we wanted to understand the level of confidence that businesses had in future growth potential within the UK.So as part of our recent survey of SME businesses we asked 100 business owners "by what percentage do you expect to grow your business' turnover during the next 12 months". Only a handful within our...

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    Sizes Of Factoring & Invoice Discounting Deals Completed

    I have just been looking back over just the last 20 or so factoring and invoice discounting deals that we have completed, to see what size the businesses were.The smallest was a business turning over just £40,000 per annum that wanted recourse factoring. The largest had an annual turnover of £4,000,000 and was seeking confidential invoice discounting (CID). The average client size, across that...

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    Deal Completed - Export Factoring To Spain For Expansion

    Another export factoring deal recently completed for a food producer exporting to Spain, turning over c. £750K pa.They were looking for funding for growth in order to expand their buisness. We were able to find them an export factoring facility in order to fund their business expansion.Export factoring provides the client with both funding against their export sales invoices and a credit...

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    Deal Completed - Recourse Factoring For Property Maintenance

    Another one recently completed - recourse factoring for a property maintenance company based in Derbyshire. They were looking for finance in order to fund their growth. Recourse factoring provides both funding against the property maintenance invoices that they raise but also a collections and credit control service to assist them with the chasing of overdue sales invoices, this in turn can also...

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    87% Don't Know Its Easier To Get Factoring Than Invoice Discounting

    Anyone that works within the invoice finance industry will consider it common knowledge that qualification for invoice discounting is harder than qualification for factoring. With a factoring facility the factoring company has more control over the client's sales ledger (their security) as the factoring company undertakes the credit control function for the client, hence the qualificaiton...

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    Deal Completed - Debt Collection Help

    It's not always about rasing finance, some of the deals we work on just need help collecting in their old debts and invoices. We have recently completed such a facility for a business college that had significant levels of overdue debt from students who had not repaid their loans. We found them a debt collection agency that will help them with this significant credit control and debt collection...

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    ABFA New Code Of Conduct & Complaints Procedure By January

    Good news for invoice finance users - according to the Telegraph, the ABFA (Asset Based Finance Association) has announced that it is to launch a new code of conduct for its members and a complaints procedure by January. This is positive for invoice finance users as it gives them an avenue to escalate complaints beyond their factoring or invoice discounting company.Kate Sharp of the ABFA was...

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    Deal Completed - Recourse Factoring For An Accountancy Practice

    Accountants were not historically prime customers for factoring companies but that has changed in recent times. Accountancy practices are now able to access recourse factoring as the list of eligible industry sectors has expanded in recent years.We have recently completed a recourse factoring facility, with one of our factoring company partners, for a Leicestershire based accountancy practice...

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    Why Do Businesses Think Invoice Finance Is Easier To Get Than Overdraft?

    As you may have seen from my previous posts only 7% of businesses think that it is easier to qualify for invoice finance rather than a bank overdraft. This is a major misunderstanding as invoice finance is often available in cases where an overdraft is not.Of those businesses that said that they thought it would be easier to qualify for invoice finance than overdraft we went on to ask them...

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    Recourse Factoring Deal Completed - 30% Saving On Recourse Factoring Fees

    We were recently able to assist a printers that were turning over £300,000 per annum. Printing companies are highly suitable for invoice finance so they already had recourse factoring but were interested in saving money of the factoring fees that they were paying.We found them a recourse factoring facility with an alternative factoring company and they were able to achieve a cost saving of...

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    20% Think Its Harder To Get Invoice Finance Than Overdraft

    Just to complete the statistics, following on from my previous posts:20% of respondents, in that survey of 100 SME businesses, thought that it would actually be harder to get invoice finance than to get an overdraft! There is a great amount of misunderstanding here as invoice finance is freely available to businesses that would not qualify for an equivalent overdraft in many cases.We asked that...

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    Close Brothers Invoice Finance Launch Business Guide "Engaging Your People"

    Close Brothers Invoice Finance, one of our funding partners, have released another free business guide "Engaging Your People".The guide covers:If you would like a quotation from Close Invoice Finance and/or any other invoice finance, factoring or invoice discounting companies please contact us.NOTE: THE GUIDE IS PRODUCED BY CLOSE BROTHERS INVOICE FINANCE A TRADING STYLE OF CLOSE INVOICE FINANCE...

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    Export CID Deal Completed - 100% Export Confidential Invoice Discounting

    Confidential Export Invoice Discounting, where all the sales of a business are to overseas customers, is not commonly available but we have just completed such a facility, with one of our funding partners, for a client in the recruitment business turning over £2,000,000 per annum to debtors based abroad.Confidential Export Invoice Discounting allows the client to retain control of their...

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    Free Debtor Protection With Invoice Finance

    We have just received notification of an offer from one of our invoice finance partners offering free debtor protection with invoice finance and confidential invoice finance for businesses with a turnover of up to £250,000.Bad debt protection will protect your business against non payment of invoices and could help you avoid taking a bad debt. The protection is 100% on approved debtors within a...

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    Deal Completed - Additional Funding For Gift Importer & Wholesaler

    Sometimes we are able to help businesses that already have factoring but want to release additional working capital beyond what their current factoring company is able to release.In the case of this particular deal, we were able to do exactly that for a London based gift importer and wholesaler who already had recourse factoring from a factoring company that was restricting their funding due to...

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    Close Invoice Finance Launch Guide - How To Grow Your Business

    Close Invoice Finance, one of our funding partners, has published a new guide titled "How To Grow Your Business". The free guide covers:NOTE: THE GUIDE IS PRODUCED BY CLOSE INVOICE FINANCE AND AS SUCH GLENN BLACKMAN CAN'T TAKE ANY RESPONSIBLITY FOR THE ACCURACY AND COMPLETENESS OF THE INFORMATION IT CONTAINS...

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    UK Invoice Finance Research Group Breaks 500 Member Mark

    I am pleased to announce that the UK Invoice Finance Research Group, which I manage via Linkedin.com, has broken the 500 member mark with 502 existing members as of yesterday.The group is free to join and discusses research and research related issues relating to the invoice finance industry with a view to trying to encourage the expansion of the UK invoice finance industry. We publish all of our...

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    Deal Completed - Recourse Factoring With Poor Credit Rating

    We were recently able to assist a London based clothing manufacturer, who was turning over £250,000 per annum, find a recourse factoring deal to support their growth plans.The prime mover of the clothing manufacturing business had a poor credit rating and so had not been able to find a finance facility elsewhere. Credit ratings are often important when applying for overdrafts and loans but with...

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    Mistake - 73% Think Invoice Finance Is As Hard To Qualify For As Overdraft

    When we spoke to a sample of 100 SME businesses about their financing we asked them to comment on how difficult they thought it would be to qualify for invoice finance (factoring & invoice discounting) as against overdraft.73% of respondents thought that it would be just as hard to qualify for invoice finance as to qualify for an overdraft. This indicates a huge misunderstanding about how easy it...

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    85% Of Construction Businesses Would Benefit From Immediate Payments Against Uncertified Applications For Payment

    The construction sector is an area that several invoice finance companies now fund and we have successfuly assisted many construction sector businesses find funding. To better understand the sector we have just completed a survey of 100 randomly selected businesses within the construction sector. I will publish the answers to a variety of the questions asked on this blog over the coming weeks.One...

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    Deal Completed - Recourse Factoring For A Design & Marketing Studio

    Another recourse factoring case study of a recently completed deal:This time we found a recourse factoring facility for a small design and marketing studio that wanted to improve their cash flow in order to fund business growth.Recourse factoring will release funds against their sales invoices as they raise them allowing them to immediately use those funds for any purpose. In many small...

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    Deal Completed - Recourse Factoring For Plant Hire Growth

    Another deal just completed for a plant hire company turning over £400K per annum. We were able to find them a recourse factoring facility to support and fund their future growth.Recourse factoring combines an intial payment against invoices as they are raised with a collection and credit control service whereby the factoring company collects in your outstanding sales invoices for you reducing...

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    New Videos & Guerilla Guide To Working Capital From SME Invoice Finance

    SME Invoice Finance, one of our funding partners, have just produced a "Guerilla Guide to Working Capital" which contains some useful advice to businesses regarding working capital. It includes advice about getting your invoices paid and credit control as well as a useful jargon buster for the invoice finance industry.To view the "Guerilla Guide to Working Capital" just download a copy of the PDF...

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    Businesses Prefer Tariff Invoice Finance Charges Over Fixed Fee

    Another question from our recent invoice finance research survey where we questioned 100 randomly selected SME businesses (Small and Medium Sized Enterprises).We wanted to find out the view on fixed fee deals which are being offered by several factors at the moment. Indeed we have completed such deals ourselves with various factors but we wanted to gauge opinion regarding the option of a tariff...

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    Deal Completed - CVA Business Non Recourse Factoring

    Here is the latest of our series of deals recently completed. A recruitment company with a turnover in excess of £2,500,000 per annum entered a CVA (Creditors Voluntary Arrangement) and their bank backed factoring company was not prepared to support the company whilst it was in a CVA.A CVA is a legal procedure, administered by a qualified insolvency practitioner, whereby a company that is...

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    Deal Completed - Recourse Factoring For A Greetings Cards Supplier

    Another deal completed - this time we managed to find a recourse factoring facility for a greetings cards supplier, with annual turnover of just under £400,000 who were looking for some cost savings and a more flexible funding level than they received from their previous factoring company.More recourse factoring deals to follow . . ....

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    Fixed Fee Factoring & Fixed Fee Invoice Discounting

    Several of our funding partners now have fixed fee factoring and fixed fee invoice discounting products but we have just received word of another fixed fee invoice finance product launched by another of our funding partners.The fixed annual fee is divided into manageable monthly payments, for example, a fixed fee of £3,600 per annum would be charged at £300 per month (plus VAT where...

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    Businesses Don't Understand How Easy It Is To Get Invoice Finance

    The invoice finance brokerage is continually being approached by factoring and invoice discounting companies with money to lend and it is very rare that we are unable to help a client get invoice finance (providing they raise credit invoices), regardless of circumstances. Overdrafts on the other hand have become harder and harder to get and we have spoken to numerous clients that have had their...

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    Deal Completed - Recourse Factoring Executive Car Service

    Often we are able to help a small business improve their cash flow in order to grow their business. This recent case of a completed recourse factoring deal was an example of that.A small Executive Car Service business needed recourse factoring for growth and we completed a free factoring quote search for them and arranged a recourse factoring facility that will support them as they grow.More to...

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    Deal Completed - Substantial Fee Reduction Non Recourse Factoring

    Another recent factoring deal completed - non recourse factoring for a health and beauty products importer.We found them a non recourse factoring deal that allowed them to move from their existing bank owned factoring company to an independent factoring company that were able to offer them a substantial cost saving.More factoring deals to follow . . ....

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    Deal Completed - Non Recourse Invoice Finance For A Haulage Business

    We thought it might be useful to put up details of a selection of the invoice finance deals that we complete to demonstrate the wide range of businesses that we are able to assist with their cash flow issues through our brokerage service .We have recently completed a non recourse invoice finance deal for a haulage business that was turning over just under £2 million per annum. We helped the...

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    July 2012 Free Factoring Newsletter Published

    We have just published our July 2012 factoring newsletter which this month has information about spot factoring, construction finance and a new funding facility for retailers....

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    Spot Factoring Increasing

    Spot Factoring has become increasingly common over recent years with various new spot factoring companies that have entered the UK invoice finance market using the term to describe their invoice finance products. Essentially spot factoring tends to be used to describe "selective factoring" or "single invoice factoring" where the client selects particular invoices or batches of invoices to factor...

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    Construction Finance Choices For Clients Have Grown

    Going back a few years the invoice finance companies that would fund construction based businesses were few and far between but in recent times the number of funding choices available to the construction sector has grown. Both factoring and invoice discounting are available as construction finance - so the clients can choose whether or not they want to chase their own sales invoices and there are...

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    Radio 4 Article Commented On Lack Of Funding For Small Retailers

    I heard an article on Radio 4 earlier today regarding the retail sector and specifically commenting on how difficult it is for small retailers to access funding as they tend not to be popular with banks for traditional forms of finance. This is very apt when I only just posted an article about a new product being offered by one of the invoice finance companies to fund small retailers up to 25K...

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    Factoring Newsletter June 2012 Now Available

    Our factoring and invoice discounting newsletter for June 2012 is now available for your to view.This latest newsletter contains some of the latest offers and discounts that are available around the invoice finance industry, support for businesses suffering cash flow issues due to the NatWest problems and details of our partnership with a broker that is able to find you leasing and hire purchase...

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    MarketInvoice Funds £20m Of Invoices Via Online Auction

    MarketInvoice, the online invoice finance marketplace, has announced that it has auctioned over £20m of invoices since it started trading in February 2011, with over 100 businesses signed up to use the online platform to auction their sales invoices to investors.This type of funding can be attractive to customers that want to access funding against a particular block of invoices and want to...

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    Bibby Financial Services Vision 2020

    We have just returned from an excellent breakfast presentation, hosted by Bibby Financial Services where Jon Charsley, the Head of Sales from their Hastings office, outlined the Bibby Vision for 2020 and shared some of their market research.The presentation was preceeded by an overview of the UK business environment and insolvency in the UK by Brian Johnson, Business Recovery and Insolvency...

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    Funding Product Launched For Retailers, Shops & Stores

    Good news for retailers, shops and stores, one of our funding partners has launched a new finance product aimed specifically at retailers which enables them to receive a cash injection of up to £25,000 based on future sales. The facility is repaid, normally over 6 months, via credit card and debit card payments via the business' existing PDQ terminal....

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    Client's Sales Grow With Factoring & Invoice Discounting

    Looking further into the ABFA (Asset Based Finance Association) statistics to March 2012 for factoring and invoice discounting in the UK (amongst their members) there was an increase in client's sales turnover of 6.5% on the previous year. Even accounting for the 1.1% growth in just UK based factoring and invoice discounting clients amongst the ABFA's membership that still leaves volume growth of...

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    ABFA Invoice Finance Client Numbers Grow

    At last! the latest figures (March 2012) from the ABFA (Asset Based Finance Association), the invoice finance industry body, show an increase in the number of invoice finance (factoring & invoice discounting) clients by 1.8% (excluding Import Factoring, Stock and ABL) over the course of the previous year. Futhermore, the number of clients (all clients) gained in the quarter was 493 higher than...

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    NatWest Bank Problems

    NatWest bank are apparently experiencing problems that are affecting large numbers of their customers.We have heard reports of customers experiencing delays with payments and there is likely to be a knock-on effect on the cash flow of businesses within the UK as NatWest is such a significant bank within the UK.If your business is experiencing cash flow problems due to this issue or if you...

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    Beat Any Quote By 10%

    There are still invoice finance companies in the market that are prepared to be bold and have said to us that they will look to beat any quote that our clients have by 10% for quality deals! So if you are cost concious and looking to save some money that could be the deal that you are looking for - if so just contact us and the team will do the rest....

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    Asset Finance, Leasing & Hire Purchase For Businesses

    Forms of asset finance such as leasing and hire purchase help buisnesses acquire equipment, plant, machinery, vehicles and even computer equipment for use in their business by allowing them to spread the payments over a long period of time.We now work with an specialist asset finance organisation who can find that type of finance for businesses and we would be happy to put you in contact with...

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    Flexidraft An Alternative To Overdraft

    Flexidraft has recently been launched by one of our funding partners as a flexible alternative to overdraft. There are no minimum fees and no minimum term for the facility to run which is good news for clients. The Flexidraft will provide up to £50,000 of finance based on funding at 50% of the average sales ledger balance, at rates that are very competitive with a conventional overdraft.If you...

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    Invoice Finance At 0% Over Base For 3 Months And No Set Up Fees

    One of our invoice finance partners are currently offering new customers funding at 0% over base for the first 3 months of their facility and there are no set up fees involved. This funding partner will also accept up to 100% export debts and up to 100% of debts concentrated into a single customer....

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    Single Fee Factoring, No Minimums, Short Termination Period

    The following link is to a new case study that we have just added to the site.It conerns a client, a small manufacturing business, that were recently able to assist by finding them a factoring facility with a single fee, no minimum fees and a short termination period....

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    UK Invoice Finance Research Group Passes 400+ Members

    Yet again the UK Invoice Finance Research Group on Linkedin.com has passed another milestone and added another hundred plus members to its ranks. We have broken the 400 member mark, currently having 401 members.The members are all from within the factoring and invoice discounting industry or other professions closely associated with it.If you would like to join the group there is a link in the...

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    Guaranteed Fuel Card For The Road Haulage Industry With Invoice Finance

    One of our invoice finance partners has just launched a guaranteed fuel card for businesses in the road haulage industry. It is offered in conjunction with an invoice finance facility to overcome the issue of fuel cards being declined. Apparently the decline rate for conventional fuel cards can be 50% but this new guaranteed fuel card seeks to overcome that issue for road haulage businesses that...

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    Government Report

    The UK Government have just published a March 2012 report - Boosting Finance Options for Business, which strongly supports the role of invoice finance (factoring and invoice discounting) as part of the funding solution for UK businesses. Tim Breedon, CEO of Legal and General and Chairman of the Association of British Insurers, was asked by Vince Cable, Secretary of State for Business, Innovation...

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    54% of Businesses Would Prefer Factoring Over Invoice Discounting

    Do businesses prefer factoring or invoice discounting? Common consensus of opinion around the industry would seem to be that businesses generally want invoice discounting and that factoring is not their preference. We put this to the test in a recent market research study. We spoke to 100 randomly selected SME businesses (only 3 used some form of invoice finance already) and we asked them:"If you...

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    Annual Growth In ABFA Client Numbers Masks Quarterly Reduction

    The latest statistics and figures from the ABFA (Asset Based Finance Association) for the quarter ending December 2011 show total advances against pure invoice finance against debt growing by some 7% over the year. Over the year domestic and export factoring and invoice discounting client numbers across the ABFA have also ticked up by 270 clients equivalent to c. 0.7% growth. Unfortunately, the...

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    Earn Money By Linking To Our Site

    We have launched an Affiliate Web Marketing Scheme whereby anyone with a web site can earn money by having a link to our site....

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    How To Get Out Of Factoring In 10 Steps

    Factoring helps thousands of businesses and we have many clients that are very happy using factoring facilities. However, we were recently contacted by a business that wanted to know how to get our of factoring as they were not happy with the facility they had from their factoring company. Therefore, to service this small niche we devised the following guidance notes for businesses that want to...

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    Venture Finance Rebrands As ABN AMRO Commercial Finance

    Venture Finance, a long established and highly reputable factoring and invoice discounting company, has rebranded their business as ABN AMRO Commercial Finance. Its sad to see such a well known and respected brand as Venture Finance disappear from the invoice finance market but the rebranding exercise clearly aligns the factoring and invoice discounting arm of their business with the overall...

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    54% of Factoring & Invoice Discounting Users Think Businesses Use Overdraft Because They Don't Know About Invoice Finance

    We surveyed a sample of businesses (84) that use various forms of invoice finance such as factoring and invoice discounting and we asked them why they thought more businesses use overdraft than invoice finance. These were the answers that they gave:This is a very positive reflection on invoice finance as the majority of existing users surveyed implied that if businesses were more aware of invoice...

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    Free 150K Cashflow Facility Competition

    In an innovative marketing move one of the invoice finance companies has launched a competition for a 150K cashflow facility that is service charge and interest free for 1 year. To enter you must be a director of a company, under 40 years old and within 40 miles of Birmingham. There are only 9 days left to enter so if you are inerested please let us know....

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    Switching From Overdraft to Invoice Finance

    My recent article "How to switch customers from overdraft to invoice finance" has just been published by Commercial Finance Today.The article explains the results of our recent research into the reasons for customers using overdrafts and what customers say is needed in order to entice them to switch from overdraft to invoice finance.If you are interested in switching from overdraft to invoice...

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    100% Of Invoice Value Funded - Special Offer Just Launched

    One of our finance partners has just launched a new special offer to appeal to small businesses. 100% funding against your invoices for businesses looking for a funding line of up to £50,000. They will of course make a charge for using the facility but this makes calculating your early payment/initial payment percentage very easy for small businesses.The offer is is for businesses that sign our...

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    UK Invoice Finance Research Group Tops 300 Members

    Good news, the membership of the UK Invoice Finance Research Group (see Linkedin.com) is now 306 members, having broken through the 300 member mark recently.This is something of an achievement when you consider the size and specialist nature of our sector.If you would like to join our free discussion group please follow this link: http://www.linkedin.com/groups?mostPopular=&gid=3323843...

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Examples of just a few of our finance partners:

nucleus
castle
funding invoice
igf
bibby
lloyds bank