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    Up To 100% Invoice Finance

    Another special offer from one of our funding partners. They are offering up to 100% of invoice value as a prepayment level for clients using either:- Factoring- Invoice discounting, or- Export factoringThis can be made available to Limited Companies or LLP's that have a good quality sales ledger, low credit note levels and customers that generally pay on time. You will need to be able to...

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    The Pitfalls Of Construction Contracts

    Futher to my recent post "Understanding Construction Contracts" I have been reading an interesting piece of research, from Bibby Financial Services, that reveals just how much of a problem contracts can be to subcontractors within the sector.There were a number of pitfalls of construction contracts that were identified in the survey.In addition to affecting your ability to get paid, contractual...

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    CPE Credit Protection Element Refunded Offer

    Another offer for clients from one of our funding partners. If you are looking for bad debt protection (also known as non recourse), you will pay what is called the CPE or Credit Protection Element of your service charge for the bad debt protection.Under the terms of this promotion, our partner is offering to refund the first 6 months CPE charge to new clients, in return for them entering into a...

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    The Reasons For Non-Payment In The Construction Sector

    A recent study by Bibby Financial Services identified the reasons for non-payment in the construction sector.On average the survey found that amongst the construction firms surveyed, they wrote off nearly £51K, over the last 3 years, where customers either failed or were unwilling to pay.Of the 250+ construction subcontractors that were interviewed, 27% said that "late payment" was the biggest...

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    Help If A Factoring Funding Limit Is Removed

    If you have had a factoring funding limit removed or reduced, it can dramatically affect your ability to borrow money against a customer's invoices. However, you should be reassured that not all factoring companies will take the same view on a particular debtor.GET IN TOUCH TO SEE IF WE CAN HELPA funding limit (or credit limit) is set by the factoring company against each debtor. With a recourse...

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    No Service Charge Offer & 25% Off Bad Debt Protection

    One of the key reasons companies come to invoice finance brokers, like FundInvoice, is that we are always aware of the latest invoice finance offers and discounts that are available. We also tend to get exclusive offers from our funding partners.This a good example of two invoice finance offers that have just been given to us on a (semi) exclusive basis, by one of our funding partners:New...

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    How Recourse Factoring Works

    One of the concerns customers sometimes have about using factoring is the worry that they will have to repay the finance against a particular invoice, if the debtor doesn't pay them. This is because the most common form of invoice finance is what we call "recourse" or "with recourse". This means that if an invoice isn't paid after a set period, you have to repay the funding to the factoring...

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    Factoring Price Reduction For Haulage Company

    This is a great example of a recourse factoring price reduction that we found for a haulage company. A circa 50% cost saving on their existing quote.Factoring services provide a business with both upfront money against unpaid invoices, and help collecting in their payments from customers. It can improve the cash flow of a business as the business no longer needs to wait to get paid by its...

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    Invoice Finance Job 85K plus Unlimited Bonus

    UPDATE ON THIS POST - RECRUITMENT FOR THIS ROLE HAS BEEN TEMPORARILY SUSPENDEDI have just been asked if I knew anyone that might fit this job in the invoice finance sector - so here are the details in case anyone is interest or knows someone that is looking for a job like this.It's a sales role as the number 2 at a new single invoice finance company, based in North Kent (a sales background is not...

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    Selective And Whole Turnover Invoice Financing

    Invoice financing can be broken down in many ways, one is into selective invoice financing and whole turnover. Selective means that you choose which invoices you want funded, and whole turnover means that all of them are automatically considered for funding.This infographic show the results from our research to establish the market demand for each approach.As you cans see almost two thirds...

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    Can You Help This Selective Invoice Finance Client?

    Are you a selective invoice finance company that can finance this prospect?We have been contacted by a prospective selective invoice finance client, but we are having difficulty finding an invoice finance company that will help them.If you think you may be able to provide funding to them, please get in touch or call: Sean on: 03330 113622.The key points of the deal, that are proving problematic,...

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    Tiered Prepayment Charging On Invoice Finance

    Tiered prepayment charging is a new offer from one of our invoice finance partners. It means that you pay less if you use less than the full amount of funding available through your invoice finance facility.Prepayment is the percentage of your approved, unpaid sales invoices that invoice finance makes available for your to draw even though the invoice hasn't been paid.The less prepayment you...

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    The Power Of LinkedIn Networking

    I just wanted to share a success story about the power of LinkedIn networking and how it helped a prospect looking for an invoice finance service.Networking is not just about sales, this is an example of how it can work for you creating a sale indirectly. You may have seen that I recently published a blog post about a small seletive invoice finance prospect that we were struggling to find a...

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    Assaulted on the train yesterday

    Yesterday I was kindly invited by Bibby financial services to a charity dinner in London, with Sir Ian Botham and Geoff Miller as guest speakers (which was excellent by the way).On the way back Sean and I caught the train at London Bridge, and due to signal failure the platform was changed, and the train was very overcrowded. So I went past three or four doors before I could see any space to get...

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    How To Get A Business Loan

    We are about to complete on another business loan for a client, the second commercial loan arranged in recent weeks. This one will enable a business acquisition, the previous one was to improve cash flow and enable the purchase of materials for an IT project.REQUEST A CALL ABOUT A LOANBoth loans are sizable lends, circa £100K each. One is over a 5 year term secured by way of a personal guarantee...

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    Reduce Factoring Service Charge By Two Thirds

    Would you like to reduce your factoring service charge by two thirds? That's the range of quotes that we received in a recent mystery shopper pricing comparison exercise.Whilst overall fees varied by a factor or 2.7 times, service charge quotations varied by a multiple of just over 3 times.That is the scale of difference that we found in the recourse factoring service charge quotes that we...

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    Solving A Single Debtor Credit Limit Issue For A Construction Sector Company

    We have just been able to help a construction sector company solve a cash flow issue by getting funding against their single debtor. We were able to find them a credit limit that was several times larger than other funders were able to offer.I wrote recently about our success in helping customers with funding limit problems, and this case was a similar example of how we are able to overcome...

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    Is Business Loan Demand Increasing?

    Demand for business loans may have increased recently, temporarily outstripping the demand for crowdfunding.Get help finding a business loan.Looking at the trend in Google's search traffic is a good way to measure demand. I have been looking at the volumes of search traffic, in the UK, for the terms "crowdfunding" (CF) and "business loans" (BL). When you look back prior to March 2014, the volume...

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    Do Tech Savvy People Under Value Recruitment Consultants

    Do younger, tech savvy people tend to undervalue the use of recruitment consultants in finding a job?I recently commented on an interesting post on LinkedIn about why the recuitment process often fails to match the right people with the right jobs. Some of the issues that it blamed were over specific job descriptions and impersonal and excessive use of technology to sift through CVs in the...

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    Populous Invoice Finance Using Blockchain Cryptocurrency

    A new invoice finance company called Populous has just raised money to pilot its invoice finance platform that uses Blockchain cryptocurrency in support of an invoice financing model, according to an article in Pymnts.com.I read the 21 page white paper on the Populous site, with some interest, to understand what the benefits might be.In essence there seem to be 3 key points to draw from this...

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Examples of just a few of our finance partners:

ashley
catalyst
closebrothersinvoicefinance
ifg
castle
igf