Invoice Discounting and Factoring : Introduction
Invoice Discounting and Factoring are a means of improving your cash flow by
obtaining funds secured on the strength of your sales ledger debts. In simple terms
you will be loaned money against sales invoices before your customers have paid you,
and you will repay the money to the loan company when your customers clear their
debts.
Cash is King
More than ever before, the current financial climate means that “cash is
King” and a fluid cash flow will allow you to trade more effectively and
negotiate better deals with suppliers.
How long does it take you to get paid?
The average time taken for businesses is to get paid is 70 days. With Invoice
Discounting or Factoring, you get up to 90% of each invoice value paid into your
bank account immediately.
Best advice at all times
As experienced business people we know that you’ll be looking for a cash flow
solution which satisfies both your immediate needs and your long term plans and
goals. Speak to us today and we can offer immediate advice and take the first steps
to getting your cash flow and your business moving.