- 24 Apr
Invoice Finance Decision In Just 60 Seconds
You could be approved for invoice finance in just 60 seconds from now.Optimum Finance is leading the invoice finance industry in terms of its recent deployment of technology. It has enabled them to achieve rapid growth, deliver "instant decisions" to new customers, and to offer a remote facility approval service to new UK based companies that are currently in lockdown.Optimum Finance has...
- 11 Mar
Emergency Finance Help With The Business Impact Of Coronavirus
There have been many impacts from novel coronavirus and the hysteria that has surrounded it. In some cases companies have been receiving huge orders to assist with the UK Government's preparations. What might be termed "coronavirus finance" can be essential to help deal with this.Also there have been surges in demand for products that people are stockpiling in preparation for any period of...
- 03 Mar
Financing Large Orders For Coronavirus Preparations
Coronavirus (CoV or COVID-19) continues to affect UK businesses yet some companies have experienced a boom in demand for products that support efforts to control the virus and deal with the fallout..Concern about the virus formerly known as “2019 novel coronavirus" has resulted in the Government making preparations, and developing stockpiles of supplies, to cope with increases in the number...
- 20 Mar
Coronavirus Business Interruption Loan Scheme (CBILS) And Alternatives
Following the novel coronavirus outbreak, the UK Government has announced that there will be a Coronavirus Business Interruption Loan Scheme, CBILS for short, available from 23rd March 2020. This will be orchestrated by the British Business Bank (although they don't deal with applications themselves) and the Government will guarantee 80% of the value of the lending by their partner organisations,...
- 14 Sep
Selling Without Shaking Hands - My Book Is Out
I have finally achieved one of my life goals and published a book "Selling Without Shaking Hands - How To Sell From Anywhere" (by Glenn Blackman & Mike Vince). It feels great to have it finished and our book out. Thank you to those that have bought and reviewed it already!READ IT NOWThis was the product of the extra time available during the lock down and it ticked something off of my personal...
- 10 Mar
Funding Big Services Contracts Relating To Novel Coronavirus
As expected the Government's preparations for a novel coronavirus epidemic in the UK have led to big contracts being placed for support services. In some cases these government contractors will require additional funding.We have been speaking to a communications company that have been awarded a multi-million pound contract to provide communications services, relating to the coronavirus...
- 14 Feb
Would You Like To Feature On Our Website & In Our Magazine?
Would you like your business to feature on the FundInvoice website, in our monthly magazine and on our social media channels?How about running a series of articles highlighting your organisation, with a response link that prospects can use to contact you?REQUEST DETAILSWe have had a couple of enquiries recently from businesses wanting to feature on our various channels. Its not something that...
- 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...
- 09 Mar
Funding Alternative Suppliers Due To Coronavirus
I have written previously about the impact that the UK's preparations for coronavirus by stockpiling could be placing upon UK suppliers, who receive large orders that will stretch their available cash flow. There are solutions to this that we can offer. Call 03330 113622.However, we had an interesting conversation recently with an existing client who have identified a different problem relating...
- 07 Oct
Business Turnaround Guide
This is our free business turnaround guide with information about business rescue. It pulls together some of the resources on our site for businesses that are struggling and need to come up with a turnaround plan to rescue their business.DISCUSS YOUR ISSUESFirstly, a WARNING about trading whilst insolvent. Insolvency is when a business is unable to pay its debts when they fall due. There are...
- 27 Jan
Please Help FundInvoice Win Best Invoice Finance Broker 2020
This is your last opportunity to help FundInvoice win the Best Invoice Finance Broker award at the BMF Awards this year, by providing a testimonial before the deadline at the end of January 2020 (NOW CLOSED). Back in December I wrote about how we had been confirmed as "Finalists" for the award - "Best Invoice Finance Broker". This was from the Business Moneyfacts Awards 2020. This made it the...
- 04 May
Bounce Back Loans And Alternatives
Today the Government launched the Bounce Back Loan Scheme (BBLS) as part of its response to the coronavirus pandemic, and the impact that this has had on UK businesses. There are alternatives to taking out a loan, or options if you have been declined for BBLS.The BBLS loan scheme is aimed at smaller businesses, requiring a loan of up to £50,000 (a maximum of 25% of their annual turnover is...
- 06 Mar
Sales Finance For Hand Gel Sanitiser & Hand Wash Orders In Wake Of Coronavirus
As the hysteria around the spread of coronavirus (COVID-19) across the UK continues, there are news reports that items are being rationed by some pharmacy chains such as Boots and LloydsPharmacy (BBC News 03/03/20).These appear to include items such as:I have heard local reports from friends that they have been visiting different shops to try and find hand gels and hand wash. It appears that some...
- 07 Feb
Typical Invoice Finance Price In The UK
If you are looking for the typical price for invoice finance in the UK, we have a number of examples of invoice finance prices and quotes on our website.Whilst these will give you some idea of the typical cost associated with using factor and it was discounting, there are nuances in pricing that will apply specifically to your organisation. The best way of determining the exact cost for your...
- 27 Apr
Make Money Sharing Our Social Media Posts
This is a really simple idea, to supplement your income, that you can do from your phone, tablet or computer. All you do is share our social media content (we post it daily but you can share as often, or as infrequently, as you like) and by adding your own unique, trackable, web link (that we will give you), if any businesses successfully apply for finance via your link - you will receive a...
- 03 Apr
Government CBILS Approval Rate Just 0.8%
According to a report in the Guardian (02/04/20) in the week since the UK Government launched the CBILS (Coronavirus Business Interruption Loan Scheme) there have been 130,000 enquiries from businesses seeking the funding. The article reports that only 983 companies had been approved for loans, so far - that is a loan approval rate of just under 0.8%. The article goes on to call the scheme...
- 29 Apr
An Invoice Finance Price Quote Online Without Searches
Would you like to get an invoice finance price quote online, without credit searches (at this stage), and within one minute?You can do just that by using the app that is now embedded in our website: INVOICE FINANCE QUOTE APPYou can use the app to check the price, without committing to going ahead. Perhaps you already use invoice finance elsewhere? Why not see the price you would get to make a...
- 08 Jul
Castle Business Finance Has Gone Into Administration
Castle Business Finance Limited (CBF), the invoice finance and trade finance company, has gone into Administration. If you are a customer or were a prospect, and you need refinancing or alternative replacement finance urgently, please:Contact Sean on 03330 113622.CBF, company number 10303995 was based at SO12, Pure Offices, Kestrel Court, Harbour Road, Portishead, BS20 7AN. Companies house...
- 24 Feb
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...
- 03 Feb
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...