- 14 Feb
Education Finance & Education Cash Flow
There are a few invoice finance companies that are now able to offer Education Finance.
It is offered to eductation providers, such that they can receive an advance and secure a line of credit against their funding payments. The funding payments are received from Government, so from the financiers perspective that is a good quality debt against which to provide funding.
This kind of funding means that education sector organisations don't have to wait around for the Government to provide funding, before they can access some of that money, drastically improving their cash flow.
If you would like more information about Education Finance please contact us or call Sean on: 03330 113622
If you are another sector outside of education, but are having problems getting paid by local authorities we have put together some general advice for you about chasing local authorities for payment. We also have a full credit control guide that can help you undertake your own invoice collection and credit control function. The guide sets out the basics required to set up and run an effective credit control process, and it has links to items such as example of what you should include in your invoices and credit notes, formats for chasing letters and tips on credit control calls.
If you are not being paid promptly enough, and you want to improve your cash flow. funding can be provided against invoices to both Government and non-governmental debtors, across most industry sectors.