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 support 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.
- 16 Oct
An Alternative To Funding Business Through Credit Cards
Are you funding your business through your personal credit cards? It is an easy trap to fall into, and one that can prove to be very expensive. There is a cheaper alternative method of funding your business.An article in the Guardian (21/09/19) quotes figures from Moneyfacts showing that average credit card interest rates have now hit 24.7% - their highest point since 2006. With base rate holding...
- 14 Oct
Invoice Discounting Can Be Available After A Liquidation.
If your business fails it can feel like the end of your world. What's worse is that you might struggle to get back into business, as traditional lenders don't want to support your new venture. Even if you have had a previous company enter insolvency, such as a compulsory liquidation, you may still be able to get funding if you decide to start a new company. Everyone deserves a second chance.We...
- 11 Oct
Credit Control Tips
Credit control is a key part of the services that we find for our clients, therefore I am always on the lookout for credit control tips that we can share. Recently I have seen a couple of useful articles, listing some invoice chasing tips.You can also read our free guide to running your own credit control function.Veritas shared an AAT publication - "Chasing Late Payments Without Awkwardness"....
- 10 Oct
Natwest Rapid Cash Integrated With Xero Accounting Software
Natwest have announced that Natwest Rapid Cash has been published on the Xero App Marketplace (posted on LinkedIn).Xero is subscription model cloud based accounting software. Xero was founded in 2006, based in New Zealand, and as at Feb 2019 had 1.8M subscribers worldwide (according to Accountancy Age). As at 10/10/19 Trustpilot shows Xero with an average 3.9, out of 5 stars rating across 1,727...
- 08 Oct
Single Fee Factoring For Small Companies Using Courier Exchange Or Haulage Exchange
One of our funding partners have been able to help provide factoring to a number of small courier companies recently. We are seeking further small couriers and hauliers to provide with invoice funding, if you are in that sector and looking for flexible funding support please get in contact.GET A FACTORING QUOTEThe facility that has been most popular is single fee factoring, providing funding...