Let us be your guide
Invoice Finance is one of a range of finance solutions available to your business. It can seem confusing, but we’re here to guide you through the process and simplify it as much as possible.
Which solution is the right one for me?
We have a range of finance solutions that we can offer your business. We will take you through – Factoring, Invoice Discounting, and Asset Based Lending. Each has a range of benefits that make them suitable for differing business types, but which one is most suitable for you?
Our goal is to help you find the right solution, and then work with you to ensure that it meets your business needs.
The table below should help you establish which solution will work best for you. You’ll probably recognise your business and the most appropriate commercial finance solution quite quickly, but if not feel free to contact us on 0800 169 4356 with any questions; we’ll be happy to talk you through it.
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Factoring
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Invoice Discounting
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Asset Based Lending
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Best Suited for:
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Business who:
- wants to free up cash
- invoices in arrears
- sells to other businesses
- is a growing business or start up |
Larger business:
- with sound credit controls in place
- who wants to expand
- wanting an undisclosed finance arrangement
- invoices other businesses in arrears |
Larger business:
- looking to free up cash tied up in tangible assets
- wanting additional financial headroom and flexibility
- with sound systems of control |
| Minimum Annual Turnover |
£50,000
|
£250,000
|
£1 million
|
| Cash advance of up to 90% of the value of unpaid invoices within 24 hours. |
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| Cash advance of up to 90% of the value of unpaid invoices within 24 hours, with flexible credit management. |
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N/A
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| Releasing funds from debtors, stock, plant, machinery, property and debtors. |
N/A
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N/A
|
|
| Confidential - Your customers won't know you're using the service. |
|
|
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| We send statements and reminders to customers, collect payments directly from debtors, built in flexible credit management. |
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| Working capital grows in line with sales. |
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| Protection from the impact of customer insolvency or non-payment of invoices. |
(optional - at additional cost)
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(optional
- at additional cost)
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(optional - at additional cost)
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The provision of credit or leasing services by us is subject to your meeting our Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.