Business & Invoice Finance, Invoice Discounting & Factoring Blog
I am Glenn Blackman, welcome to my business & invoice finance, factoring and invoice discounting blog.
I have worked within the business funding and invoice finance industry since 1988, and I am a partner at FundInvoice LLP where we offer the UK’s first market research led free, business & invoice finance advice and search service.
Glenn Blackman's Business & Invoice Finance Blog
I use the blog to share details of new product offers that I come across, our market research relating to business financing and growth, and to share any other interesting bits of news (or gossip!) that I hear that are relating to our industry or how to grow your business.
- 23 Oct
New Asset Based Lending Funding Company
One of the most important features of the business finance search service that we offer is that we are continually adding new funding companies to our panel of funding partners. There are almost 100 different invoice finance companies operating in the UK at present.We do this to make sure that we can provide not only the cheapest invoice finance prices, but also the most flexible funding options...
- 22 Oct
Recruitment Outsourcing Without Issues
I posted the other day about the issues that can be associated with some of the recruitment outsourcing companies who also provide funding. Interestingly, we have just had a conversation with a new outsourcing invoice finance company that are able to provide the full range of services from funding, to payroll management to accountBig services.Being able to access this kind of package of services...
- 19 Oct
Recruitment Acquisition Finance
We are looking at a prospect that is seeking recruitment acquisition finance for a business that they are seeking to purchase. I highlight this as a reminder of how invoice finance can be used to fund company acquisitions.In this case it is a recruitment sector company, however the same approach can be applied to any sector.There are two possible ways in which you can structure this type of...
- 18 Oct
Invoice Finance Is Not An Alternative To Having A Viable Business
I spotted a recent article published by TheBusinessDesk.com regarding the financial woes of a direct mail business called SDM. The business has apparently failed, despite having a 100% prepayment from an invoice finance facility. The article reminded me of how vital it is to have an underlying business that is viable, for invoice finance to help.In this particular case, the article alleges that...
- 17 Oct
Close Brothers Invoice Finance
Voting has recently opened for the Business Moneyfacts Awards 2019. Close Brothers Invoice Finance, part of the FTSE 250 Close Brothers merchant bank, have been the winners of the award for the Best Factoring & invoice Discounting provider, for the last 5 consecutive years. In addition they have recently won Asset Based Lender of the Year 2018 at the Insider - Dealmakers Awards. Quite an...