- 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.
Industry Sectors And Invoice Finance
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 diverse range of different industry sectors.
Currently the deals that nearing completion include the following sectors:
- Recruitment and temporary staff hire - within which we have several prospects.
- Security services - again several prospects.
- Construction sector - again several across project management and engineering consultancy companies.
- Courier services.
- Training and consumables.
- Medical services.
- Car crash body repairs.
Specialist Construction Funding
Some of these are very specialist sectors e.g. construction and building. Not all providers get involved with that sector so it is harder to find funders. However, there are still a number of options on the market.
Car Body Repairs
The other specialist sector is car crash body repairs. They are again funded by specialist lenders that operate in a different way to the norm within invoice funding. They purchase the invoice outright, at 100% of its value, less their fee for providing the service (normally 2% to 3% of the invoice value). They also tend not to seek debentures, or full personal guarantees. We have had prospects that have converted within a few hours within that niche, as the process is so simple. We have also seen strong turnover growth from some of these garages and body shops.
Recruiters And Temporary Staff Hire
Recruitment remains the most popular niche that we come across. I have reported before about the high concentration of receivables financing users within the staff hire sector, and that remains evident in the type of business that we are seeing. Signed timesheets for temporary staff is always a solid basis for funding, and recruiters tend to be cash hungry as they need to pay their staff.
- 06 Feb
FundInvoice's Social Media Channels
Social media is a key part of how we share our content here at FundInvoice. This includes research regarding the invoice finance sector, general articles about business finance, and related content that we write.Just about everything we post will have the hashtag: #fundinvoice so that it's easy to find our material. We have also used #IFaware to help raise awareness of our sector of the business...
- 05 Feb
Secure Online Invoice Finance Applications
Secure online invoice finance applications are very important to us, so that our prospective customers feel comfortable that they can provide data to us in a safe and secure way - giving them peace of mind. To make a safe online application, you can use our secure online invoice finance application form, which ensures that your data is transferred in a secure manner, including data encryption...
- 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...
- 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...
- 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...