• Selective Invoice Finance For Installation Of Car Charging Points

    Selective Invoice Finance For The Installation Of Electric Car Charging PointsThis case study concerns a client in a very different industry sector that we were able to find a selective invoice finance facility.


    The small business was an installer involved with the installation of car charging points for electric cars. They also undertook some solar panel installation, under the Government's green deal scheme.

    Installation Of Electric Car Charging Points

    Car charging points, for electric cars, are becoming much more widely available, and in addition to their appearance in places such as car parks, people are starting to have them installed at home. Indeed some grant funding may be available to assist with this as part of the drive towards the use of greener fuels. This particular client was involved with installation of car charging points for other businesses and organisations, hence they needed some funding in order to facilitate the growth of that business.

    With the Independent recently reporting that the UK needs six-fold growth in the number of charging points by 2020, to keep up with demand for greener motoring, I can only imagine that the demand for this type of installation work will continue to rise, so we are keen to arrange finance for fast growing installers.

    It should also be noted that funding against installation invoices is not universally accepted by receivables financing companies, however we can provide access to finance companies that are comfortable with this kind of debt and will be willing to fund, even if others have declined to get involved, or rejected your application.

    Selective Invoice Finance

    We have worked with many companies that work in fields related to greener energy, so we have funders on our panel that are able to assist them. We found our client an independent selective invoice finance provider that was able to assist with funding for all aspects of their business.

    The benefits of a selective facility are that our client can choose the invoices that they want to receive funding against, and they have no contractual obligation to keep using the service. This means that the funder will try hard to retain their business as they don't have any sort of minimum income charges to rely upon. The particular funder that we used have a reputation as being able to quickly deliver a very flexible service that the customers tell us they like.

    Of course if you don't want to go down the selective route, as number of clients don't, there are full turnover options available whereby you can discount all of your invoices. You will tend to achieve an overall discount on the pricing if you are prepared to live without the flexibility of being able to pick and choose which invoices to finance.

    Share with:

Related articles

  • Read More

    Factoring With An HMRC Time To Pay (TTP) Arrangement

    This is an example of a UK SME company that we were recently able to help find the funding to support their projected growth. In this case, the company was a small driver recruitment company within the temporary recruitment sector, and they were looking to grow their turnover substantially to a single customer.Use of invoice funding within the temporary labour sector is very common, and it is...

  • Read More

    Do You Want An Improved Factoring Deal?

    In many cases, when a company is using invoice finance are not completely satisfied with the service that they are receiving, they stay put in order to avoid any hassle associated with moving. However, there may be significant benefits to moving.Read our Guide To Moving Factors.This recent case study was a fantastic example of the numerous benefits that you can enjoy if you decide to search the...

  • Read More

    Invoice Finance Based In Southern Ireland (Eire - Republic Of Ireland)

    We dealt with an interesting case recently where the location of the prospect was a key issue.We were asked to assist a staff recruitment company that provided temporary contractors to various parts of mainland Europe.The key issue with this particular prospect was that they were due to move their offices to Southern Ireland (also sometimes called Eire or the Republic of Ireland) - so they...

  • Read More

    Funding For Accountants With Poor Sales Ledger Ageing

    We have just been able to help a company of accountants find a factoring facility after their existing provider sought to terminate their facility due to the ageing of their sales ledger. So if your factoring company want to terminate your facility, don't panic and get in touch to see how we can help you.CONTACT FUNDINVOICEAccountants are often paid late, it is an issue that seems to dog the...

  • Read More

    Replace Your Cancelled Invoice Finance Facility

    We have just been able to help a small steel fabrication business that were are using a selective invoice finance company, that wanted to cancel their invoice financing facility.The business deals with a number of construction sector customers, and hence a lot of their sales are billed via applications for payment, rather than invoices. The use of applications for payment, which is commonplace in...

  • Read More

    30K Business Loan For A Vending Machine Supplier.

    Vending machines is one of the diverse sectors that we have been able to assist recently. We recently helped a supplier of vending machines arrange a long term business loan. The loan was for £30,000 over a long term, which will provide a significant capital injection for their company.MORE INFORMATION ON BUSINESS LOANSWhilst this was a relatively modest loan, we are able to help arrange much...

  • Read More

    Diverse Trades That We Have Found Funding

    Whilst looking through recent deals that we have completed to find a few for case studies that I can add to our website, it struck me what a diverse range of different trades, and industry sectors, we have arranged funding for recently.The variety of types of business finance that we can arrange for companies, means that there are options whatever your industry sector.These are just a few...

  • Read More

    Overcoming Constant Changes Of Client Manager

    Service problems are rare in the invoice finance sector, but when they do arise, we have had some success helping clients solve service problems.REQUEST A CALL IN CONFIDENCEWe have just assisted a client who was using a bank owned invoice finance company, but they had suffered continual staff changes. After having the same Client Manager, the individual - often called a Relationship Manager - for...

  • Read More

    Savings On Factoring For A Recruitment Company

    Interesting recent case where a potential cost saving has been identified for a medium sized recruitment company, currently using non recourse factoring.The prospect was using a non recourse factoring service (which can have its benefits), from a large provider, but they were seeking a cost reduction exercise, and they wanted a better service. They felt that the provider was no longer keen on...

  • Read More

    Credit Control For A Small Construction Estimating Business

    We have just completed a credit control only facility for an estimating business that handles:DISCUSS A CREDIT CONTROL QUOTEThis firm of estimators were originally with a large high street bank, who have an invoice finance arm, but as the bank have withdrawn their debtor protection this client needed to look for a new provider. The facility that they had received from the bank was factoring but...

  • Read More

    Invoice Discounting For An Electric Bicycle Distributor

    Electric bicycles, or e-bikes, are a fast growing market, as many people seeking to live a greener life and replace their journey to work in a petrol or diesel powered car, with something less polluting.We were recently able to arrange a confidential invoice discounting facility for a UK based distributor of electric bicycles, in order to support their future growth.GET A QUOTE FOR INVOICE...



Examples of just a few of our finance partners:

pulse cashflow finance
lloyds bank