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.
- 20 Jun
100% Invoice Purchase
Interesting conversation the other day with a new selective invoice finance company that are looking to offer a similar funding model to the one used in the car crash repairs sector, but to a wider range of industry sectors and trades.We deal with a number of car body shops, and because the debt is considered solid i.e. paid by an insurance company, documented and signed off by the car owner and...
- 18 Jun
Why Do Large Companies Pay Late?
I've just answered a question posed online about "why do large companies pay late?".Firstly its worth mentioning that this does not apply to all large companies. We deal with numerous financial services companies who tend to pay very quickly.There are a couple of key reasons for some large companies paying late, which are explained below. Despite there having been a tightening up on large...
- 15 Jun
Ashley Finance Absorbed Into Ultimate Finance
The AIM listed Ultimate Finance Group acquired Ashley Commercial Finance back in 2010 for an initial consideration of £4.75m.Ashley Finance is now to be absorbed into Ultimate Finance with all products and services continuing to be offered as usual.Sad to see another long established factoring brand disappear, but the business itself is now part of an equally established, and respected invoice...
- 14 Jun
New Rates For Marketinvoice Business Loans
Marketinvoice, are members of our funding panel, and have just released new rates for their business loans.The new business loan rates are from 1% per month.Loan terms and criteria are as follows:REQUEST A CALL FROM MARKETINVOICEIn addition to loans, Marketinvoice also offer a range of different receivables financing services, including selective, full turnover options and fixed fee options.Read...
- 13 Jun
Nucleus And Skipton Product Information Added
We constantly update information about the various invoice finance companies on this site, and are we have just added two new product services pages for two providers.Both of these companies are members of our panel of funding providers, and from the product information pages you can access links to make contact with them.Over the last few days, I have also been reminded, how the approach and...
