If you need advice or if I can help you find a funding quote please contact me and I will be pleased to help.
With kind regards,
Sean Morrow - Phone: 03330 113622
The Top 6 Invoice Finance Companies From Our Client Satisfaction Survey
A survey of 2,000 randomly selected existing users of invoice finance was conducted in 2013 and these were the top 6 invoice finance companies that received the highest ratings from their clients for overall satisfaction with their invoice finance company. To request a quotation from any of them just click on the links below:
Get Your Credit Under Control By Metro Bank SME Finance
There’s an old saying that ‘a sale is not a sale until it is paid for’. This statement underlines one of the biggest problems for small businesses – getting paid on time.
The issue is that many business owners shy away from the systems and processes that are essential to securing prompt payment. Often the reason given for this is ‘concern over losing customers’. This begs the question, ‘what is custom worth without payment?’ So, in the fight against late payment, it pays to invest the time in credit management , , , read more
Innovation Within Business Finance By Hitachi Capital Invoice Finance
Outstanding payments to businesses have almost doubled to £30bn since 2007, with this putting a huge strain on SME’s cash flow - which is where invoice finance comes in.
This great product provides an instant cash injection for companies, with typically 85% of the invoice value being available within 24 hours of the invoice being raised, aiding companies with everyday cashflow as well as giving them the opportunity to expand. Research has shown that companies that use invoice finance are growing faster . . . read about Hitachi Capital
Whether you already use invoice finance or are new to the market you will want to know that you are getting the best deal possible. Therefore we have noted below 6 ways for you to save money and reduce the cost of invoice finance:
1) Shop Around & Renegotiate - there are around 60 main invoice finance companies in the UK so there is plenty of choice and they are all keen to help new clients. You can SEARCH FOR INVOICE FINANCE QUOTATIONSfree of charge and without any obligation to proceed. It is a competitive market and a new provider will often offer you better rates than your current provider. Even if you don't want to switch providers, by knowing what is available in the market you can renegotiate terms . . . read how to reduce invoice finance costs
Avoiding Bad Debts
Year end is approaching and it looks like being a good year with healthy profits meaning that a well deserved holiday and new car are on the horizon. And then it happens, a phone call from the Sales Director telling you that a customer has gone into administration owing you a considerable amount of money, enough money to wipe out your entire profit for the year. Suddenly the holiday and car are a distant memory.
When the shock has subsided, you start to look at the loss in more detail and realise that the warning signs were there and that the loss could have been reduced to a much more manageable level or indeed negated completely . . . find out how to avoid bad debts
The IDeal™ Way To Manage Your Cash Flow By Close Brothers Invoice Finance
Even the biggest of companies can experience cash flow challenges, and in today’s harsh business climate the issue is more prevalent than ever.
In fact, the latest Close Brothers Business Barometer shows that just over a third of small businesses owners feel that their cash flow is their main concern, and a further 12% cited late payments as being the most stressful aspect of running their business.
Is Cashflow Forecasting For Me? By Simply Cashflow
People ask me – what is Cashflow Forecasting all about and what are key points about it? Well, I usually start with:
Accounting packages are about the present and yesterday. Wouldn’t it be great if you knew what your cash was going to be tomorrow, next week, next month…well…you can, that’s where Cashflow Forecasting comes into its own.
I hope you have found something helpful in this first issue of FundingVoice magazine. My thanks goes to all our expert contributors.
I am already compiling the next edition so if you are interested in contributing an article or some comment regarding improving business cash flow and funding, or if you can give me some feedback on this first edition please get in touch to contribute an article.
With kind regards,
Editor FundingVoice Magazine
FundingVoice magazine is published by FundInvoice LLP. By contacting FundInvoice LLP or any of its partners via this publication, or our websites, you are confirming your acceptance of our Standard Terms and Conditions. FundInvoice LLP is registered in England and Wales with the partnership number OC387824. Registered Office: Hilden Park House, 79 Tonbridge Road, Hildenborough, Tonbridge, Kent, England, TN11 9BH. Partners: Glenn Blackman and Sean Morrow.