- 07 Oct
31% Average Cost Savings Found For Invoice Finance Users.
We have just checked our stats for the invoice finance cost savings FundInvoice have achieved over the last year. We have managed to find average savings of 31% for our clients. These are savings against quotes for invoice finance that have been sourced elsewhere. So that's almost a third that our clients can save by using our invoice finance price checking service.
We can achieve these types of savings by keeping abreast of the funders that are offering the very best funding rates on the market. We also conduct ongoing market research around pricing and service levels.
Invoice Finance Price Check
We don't charge our clients anything directly, so there is no charge to use our price check, and these figures suggest that clients are likely to save a lot of money against quotes they source themselves, or against the existing pricing of their current facility. We receive a commission from the provider if clients go ahead, but as I said they will be benefiting from the cost savings that we have found them.
31% Average Cost Savings For Our Clients
We have calculated the savings as the total charges projected for both service charge and discount charge combined. We compare the best quote that we can find against whatever they have already been quoted elsewhere (using projected values of turnover and funds in use), or what they are already paying.
On average we have found quotes 31% cheaper than those our clients had already received elsewhere. These are significant savings, especially when you consider that our clients don't pay us anything for our service - there really is no downside in getting a quote through us, they only stand to save money.
There are many different types of receivables based finance, these are explained in our: Guide To Invoice Finance, along with examples of the typical costs that you might expect to pay.
- 26 Sep
Factoring Broker Service
Our factoring broker service takes care of the hassle of finding a factoring company for you. We have knowledge of the market (backed up by a substantial research archive), and access to all the key providers. Therefore, we are well placed to introduce you to suitable partners that can provide what you need.GET A FACTORING QUOTEFactoring is just one type of invoice finance facility that we can...
- 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...
- 02 Jul
Industry Sectors We Are Supporting At Present
Variety is the spice of life, and it never ceases to surprise me the range of different industry sectors that we get involved with supporting through invoice finance.If we can help you find the funding you need please call Sean on 03330 113622.At present our pipeline of deals nearing completion is pretty good, with a number of new clients in the works. As always these are drawn from across a...
- 14 Jun
Why Use An Invoice Finance Broker?
Invoice finance brokers normally work with a range of invoice finance companies, in order to understand what they offer and to be able to introduce prospective customers to the right provider. We are based in St. Leonards-on-Sea, near Hastings in East Sussex from where we handle the whole of the UK. We can introduce you to funders that have offices local to you if required.You may be asking...
- 26 Apr
Expert Guidance About Invoice Finance.
Invoice financing can be a complex subject, and often expert guidance and advice is what customers really need.We can provide you with expert guidance about invoice finance.Just call Sean on 03330 113622.We provide a personal service to find you the invoice finance that you need.We are experts, with decades of experience and an extensive archive of research regarding our sector.We are able to...