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.
- 15 Aug
Is The UK Facing Another Recession?
Is the UK approaching another recession? Yesterday evening I saw an article on Sky News suggesting that shares had slumped on bond market signals that had not been seen since the last financial crisis.The article reported that in the US, such inversions have preceded the last 9 recessions dating back to 1955.I also saw this graphic representation (from the BBC) of the link between yield curve...
- 13 Aug
Pre-dunning is the practice of contacting a debtor, to confirm that payment is due to be made, before the debt has fallen due. This can form part of your normal credit control process to chase in outstanding debts."Dunning" is the process of communicating with debtors regarding the collections of accounts receivable. "Pre Dunning" is when you communicate prior to the debt having fallen due.Whilst...
- 12 Aug
Factoring Can Improve Profitability
Most people may assume that invoice factoring will come at a cost, and hence will reduce your profitability, however the opposite may be true.Using factoring may actually increase your profits and business' profitability. I noticed an interesting post the other day, suggesting that factoring can actually help your company become profitable, so I wanted to set out how that might work.This is...
- 09 Aug
How To Improve Your Business Cash Flow
Three simple steps to improve the cash flow of your company are explained in this short explainer video:For further help improving the cash flow of your business, we have some additional resources that will be of interest.Firstly we have an article which explains 10 steps that you can take to increase cash flow.Secondly, if you are looking for a cash injection into your business, please see...
- 07 Aug
The Little Known Benefits Of Using An Invoice Finance Broker.
There are some benefits of using an invoice finance broker that SMEs may not fully appreciate. I thought it might be helpful to outline them in a short post.A good invoice finance broker's knowledge of the market will be far more in-depth than any comparison site, or the knowledge that you could gain by searching the Internet yourself.SEE HOW MUCH WE CAN SAVE YOUFor example, whilst certain...