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• 23 Apr

  

  

  UK And Export Funding For Shopfitters.

  Shopfitting is a trade that we have recently been able to assist. We arranged a UK and Export funding facility for a UK shopfitting company that were involved with design, development and the project management of retail shop refits.Funding shopfitters might have been a tricky trade for some invoice finance companies, it is very close to the construction sector in the way that it operates - and...

  By Glenn Blackman
• 22 Apr

  

  

  Find Funding For A Car Repairer Working For Insurance Companies.

  Insurance company invoices for car repairs are able to funded at 100% of their face value (less a fee to use the service). I have reported previously about what a simple version of receivables financing crash repairs can be. We have been able to assist numerous car repair companies within the sector, and we have just assisted another customer.REQUEST A QUOTEThis particular customer was turning...

  By Glenn Blackman
• 18 Apr

  

  

  Help If You Have Fallen Out With Your Bank

  Relationships with lenders don't always run smoothly. Despite our research suggesting that 98% of users would recommend their invoice finance company, sometimes customers fall out with their provider.In some cases this is fueled by the customer having financial problems, turning to their funder, and not getting the response and support that they had hoped for.We had a case recently where a client...

  By Glenn Blackman
• 17 Apr

  

  

  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...

  By Glenn Blackman
• 16 Apr

  

  

  A Testimonial From An Invoice Finance Company

  We have many testimonials on our site from clients, but we also have some testimonials from the funders and invoice finance companies that we deal with.We were recently Finalists for an award from Business Moneyfacts (BMF), for the Best Invoice Finance Broker 2019.As part of that review process, BMF sought testimonials about us from both our clients and other parties that we deal with.One of...

  By Glenn Blackman
• 15 Apr

  

  

  Help Raising Sales Invoices To Customers On Credit Terms

  If you are looking for help raising sales invoice to your customers, on credit terms, we have pulled together a number of useful resources that will assist you.If you need the services of someone to do this for you, please get in touch and we will put you in contact with someone that can help.Accounting software packages tend to take all of the work our of raising your sales invoices, by doing...

  By Glenn Blackman
• 11 Apr

  

  

  Reverse Factoring

  Reverse factoring (sometimes called Supply Chain Finance) is a financial facility that a large company can arrange with a financier, providing a factoring service to some or all of their suppliers. It turns the whole factoring model upside down. Instead of individual suppliers having their own facilities, the substantial debtor puts in place an umbrella arrangement that benefits all (or some) of...

  By Glenn Blackman
• 10 Apr

  

  

  Need Quicker Payments From Holland & Barrett?

  Would you like to get paid quicker by Holland & Barrett? We may be able to help.CONTACT US FOR HELPHolland & Barrett are Europe's largest health food chain with over 1,300 stores, and 4,000 staff. However, a recent article in the Guardian (08/04/19) suggested that supplier invoices may be regularly paid late, with an average of 68 days taken to pay suppliers. In a comment within the article,...

  By Glenn Blackman
• 09 Apr

  

  

  How To Avoid Invoice Fraud

  Working within the invoice finance arena we are always very aware of the potential for fraud. The large amounts of money that a fraudster can potentially extract from finance companies make them attractive targets. However, the measures taken by lenders, to detect and protect against fraud are highly developed. This is not necessarily true of UK businesses generally, who can also fall victim to...

  By Glenn Blackman
• 08 Apr

  

  

  Business Moneyfacts 2019 Awards For Best Invoice Finance Company And Best Service

  The ceremony for the Business Moneyfacts Awards 2019 was held a few days ago. FundInvoice were delighted to be confirmed as "Finalists" in the category of "Invoice Finance Broker of the Year". To be one of just ten brokerage companies across the UK, to make the finals for a national award is a big achievement for a small business like ours.The other categories that always interest us are the...

  By Glenn Blackman
• 05 Apr

  

  

  Construction Invoice Finance

  Customer payment delays can be an issue to any business, but those in the construction sector often have to offer customers credit terms and can additionally experience extended periods of delay before getting paid. Research suggests that the average time subcontractors have to wait for payment has risen to 44 days.You can use Construction Invoice Finance to bridge that cash flow gap.GET A...

  By Glenn Blackman
• 04 Apr

  

  

  How Important Is Disclosure And Confidentiality?

  Interesting question - how important is confidentiality when it comes to your invoice finance facility?There are many types of factoring arrangement but with a confidential facility, your debtors don't know that you are using invoice funding. Even if your provider is undertaking the credit control, they will be doing it in the name of your business - under your brand (called Confidential...

  By Glenn Blackman
• 03 Apr

  

  

  Single Invoice Finance For A Fashion Designer

  Glamorous is not how you might typically describe the world of invoice finance, but sometimes we can become involved with funding far more glamorous sectors, such as the case below, in the fashion design sector.This was a case where we were able to assist a small fashion designer that was looking for funding against a single invoice initially. I have written recently about how late payments are...

  By Glenn Blackman
• 01 Apr

  

  

  Does Your Invoice Finance Company Still Want You?

  Does your invoice finance provider still appreciate your business?You may think that sounds like a ridiculous question - surely the purpose of any invoice finance company is to gain clients and hold onto them, so they must appreciate each and every one? That is not always the case.These are previous articles about clients that are no longer wanted by their providers:Well we have just come across...

  By Glenn Blackman
• 29 Mar

  

  

  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...

  By Glenn Blackman
• 27 Mar

  

  

  Help With Factoring Company Manage Aways

  "Manage aways" are customers which factoring companies are seeking to move a to an alternative lender - normally because the funder thinks that their client's situation has changed, or that they have changed their own criteria. This may sound counterintuitive, that in the current environment any provider could wish to part company with any of its customers, but these situations do arise.HELP...

  By Glenn Blackman
• 26 Mar

  

  

  The March 2019 FundingVoice Is Now Available

  The March 2019 edition of FundingVoice magazine is now available online.This month we bring you a variety of articles regarding business growth, funding and invoice finance, including:As always, please subscribe (there's no charge) to ensure that you get future editions direct to your inbox each month....

  By Glenn Blackman
• 22 Mar

  

  

  Selective Invoice Finance With Free Auto Dunning

  Selective invoice finance is a service that we are often asked about by prospect. There are a growing number of companies offering the service, and as I have mentioned in previous posts the operational approach and pricing can differ between providers.We have regular meetings with the providers, in order to keep up to date with the structure of their products, their pricing approach etc. We had...

  By Glenn Blackman
• 21 Mar

  

  

  How Can Anyone Deal With This Ongoing Brexit Uncertainty?

  As Brexit continues to limp on, begging the question, how can any business cope with the ongoing uncertainty of Brexit?It is unbelievable to think that after several years of negotiation, with just over a week left to go until the date that the UK is set to crash out of the European Union, there is still no withdrawal agreement in place, no sign of a deal and the Prime Minister is off to Europe,...

  By Glenn Blackman
• 19 Mar

  

  

  Ultimate Finance

  Ultimate Finance (UF) are independent alternative lenders offering a range of financing products to UK businesses. They have funded over £1 billion to date, since their incorporation on 20th November 2001 and retain over 200 members of staff.You can use our contact form to request a call back:REQUEST A CALL FROM ULTIMATE FINANCEUF have been backed by Tavistock Group, since September 2015, the...

  By Glenn Blackman