March 2014

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    Invoice Finance Clients Don't Change Providers Often

    The fact that only 11% of respondents to our survey of invoice Finance users said that they had used more than two finance companies, indicates that clients do not tend to chop and change providers very often. This is contrary to the perceptions of some parties that believe invoice finance clients are constantly moving around the industry.The fact is that the low average number of providers used...

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    Satisfaction Levels With Independent Invoice Finance Companies 45% Higher Than Banks

    In our survey of 100 existing invoice finance clients we separated those using high street bank owned invoice finance companies from those using independent providers. We went on to calculate the average satisfaction scores and make a comparison. All clients had been asked to rate their existing invoice finance company overall.The result was that the clients of the independent invoice finance...

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    Invoice Discounting Client Life 73% Longer Than Factoring

    Continuing to analyse the results of our market research survey of 100 existing invoice finance clients and I looked at the split between factoring and invoice discounting users.Of the respondents 54% used invoice discounting and 46% used factoring - a relatively even split with a slight bias towards ID. I went on to analyse the time that each respondent had used the service with their existing...

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    Asset Based Lending - Full utilisation of all a company's assets

    I come across numerous SME companies who have either overdrafts and/or Invoice Finance facilities yet they are still looking for additional working capital to assist in growth or up coming projects. When speaking to them it becomes clear that in some cases they have company assets that are not being fully used or valued by their existing providers. Asset Based Lending (ABL) provides just such a...

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    New Article - Is Cashflow Forecasting For Me? By Simply Cashflow

    The article states the case for the production of a cash flow forecast but also gives insights into the regularity with which you should prepare a forecast, the items that are often not taken into consideration, the inclusion or not of tendered work and the "cash runway" of the business.My thanks to Simply Cashflow for their ongoing support. They also produce a neat cloud based cash flow...

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    New Article From Close Brothers Invoice Finance - Ideal Invoice Finance

    The article shares some research about the concerns of small businesses - cash flow and late payments - it then goes on to outline one solution, the IDeal invoice finance product. IDeal automates invoice discounting reconciliations and allows clients to access their invoice finance system 247 from anywhere in the world. ...

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    New Article From Hitachi Capital Invoice Finance - Inspired Cashflow

    Ready for the launch of our magazine, FundingVoice, Hitachi Capital Invoice Finance were kind enough to contribute an article about their new Inspired Cashflow product. You can read their article here:Hitachi Capital Proves There Is Still Room For Innovation Within The Business Finance Sector With The Launch Of Their New Inspired Cashflow ProductIf you would like to subscribe to FundingVoice...

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    UK Invoice Finance Research Group Image Updated At Last!

    The group shares and discusses research findings relating to the industry with the mutual aim of helping the industry to grow. If you subscribe to those aims and would like to join the group its open to anyone with an interest in the invoice finance industry (clients, providers, brokers, accountants, introducers etc) there is a link in the column on the right hand side....

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    Most Invoice Finance Clients Switch Invoice Finance Companies For A Cheaper Deal

    The most commonly mentioned reason for moving was to get a cheaper deal - 42.4% of the responses mentioned a cheaper invoice finance deal as the reason for moving to their existing provider. This was also the leading reason by far with the next most common response being mentioned in only 16% of cases. I will publish a full list of the reasons for moving invoice finance companies shortly.This...

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    Top 5 Reasons For Moving Between Invoice Finance Companies

    These were the top 5 reasons that clients gave for moving to their existing invoice finance company from another provider - research results from our market research survey of 100 existing invoice finance users. These answers accounted for 80% of the responses:By far the key reason for moving invoice finance companies is cost savings - moving between providers for cheaper invoice finance deals....

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    What To Do If Your Bank Overdraft Is Removed Or Reduced

    Article about what to do if the bank remove or reduce your overdraft. Don't panic! Alternative sources of finance are available: What To Do If Your Bank Overdraft Is Removed Or Reduced...

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    You Can Now Get Personal Guarantee Insurance For Invoice Finance Related PGs

    Great news, there is now a UK personal guarantee insurance product which can be taken out to insure against the risks associated with giving a personal guarantee to an invoice finance company.Giving a personal guarantee can be an issue for some invoice finance users so this is definitely a positive step that will alleviate some people's concerns over giving a personal guarantee to a factoring or...

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    2.14 Invoice Finance Companies Used On Average

    Our market research survey of 100 existing invoice finance users found that on average they had used 2.14 different invoice finance companies during their life as a client. We found that the fewest number of providers used by our sample was 2 and the highest reported was 4. Only 11% of our sample had used more than 2 providers making 2 the norm.I reported previously that the average usage of...

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    How Invoice Finance Companies Calculate Prices, Charges & Funding

    A new article setting out, with examples, how invoice finance companies calculate:How Invoice Finance Companies Calculate Prices, Charges & Funding...

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    10 Steps To Get Out Of Factoring

    If you want to get out of factoring here are 10 steps to follow: 10 Steps To Get Out Of FactoringThe article explains the various ways that you can address your issues with using factoring and get out of factoring altogether if required....

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    Average Time Using Invoice Finance Is 5.28 Years

    On average businesses said they had been using invoice finance for 5.28 years.We have just completed our new survey of 100 randomly selected existing users of invoice finance. We asked them a number of questions about who they used, what they thought etc and one of the first questions was "how long have you been using invoice finance". The average time was 5.28 years - longer than we had...

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    Trade Finance Article

    Trade Finance can be used to finance the import of goods from abroad and bridge the gap between having to pay your supplier and receiving/selling the product. This article is about: Trade Finance...

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    Good Credit Management Article - Tips & Advice About Collecting Unpaid Invoices

    Here is a link to my latest article about good credit management & credit control. It contains tips and advice about how to credit check new customers and how to undertake credit control in order to collect in unpaid sales invoices: Good Credit Management & Credit Control ...

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    Improving Your Cash Flow Forecast With Factoring - Blank Example Spreadsheet

    Below is a link to a new article about improving the cash flow forecast of your business through factoring to bridge the credit gap between invoicing and getting paid. The article includes a blank example spreadsheet cash flow forecast for a small business: Improving Your Business Cash Flow With Factoring...

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Examples of just a few of our finance partners:

ultimate finance group
leumi abl
investeccapitalsolutions
metro bank sme finance
ifg
woodsford tradebridge