You can’t print cash, but we can help you access it
Companies in the print and publishing industries face similar challenges when it comes to ensuring they have the right business funding in place. To make the investments necessary to grow their business, they need to have access to investment capital.
Whether you are a small reprographic shop or a major publishing house, because you are operating in a highly competitive environment, having the financial headroom to invest in the latest technology, equipment and service innovations is vital to your growth.
Big new contracts usually come with short turnaround times; meaning significant cash injections are needed to finance these ‘wins’. At the same time you have to make sure that you have the resources to continue to service, retain and grow your existing business.
The up-front capital costs needed to service large agreements can strain your cash flow, and understandably, many businesses are reluctant to take on additional debt through business loans or extended overdrafts. That’s why printing and publishing firms looking for business finance solutions are increasingly turning to Invoice Finance.
Invoice financing drives growth, not debt
Invoice Financing facilities, such as Factoring, Invoice Discounting and Asset Finance allow printing and publishing companies to improve their cash flow without extending overdrafts or taking out new business loans. Invoice finance can release the value tied up in your existing assets; outstanding invoices, machinery, stock and property all have value; by releasing some of it, you can drive growth without taking on additional debt.
We don’t have a fixed approach to business funding at Lloyds TSB Commercial Finance; we prefer to draw on the knowledge of our colleagues across the Lloyds Banking Group and let our sector experts assess your company’s trading history, and make a decision based their confidence in your ability and your strategy to drive growth.
Contact us today
In some instances we can help you access up to 90% of an invoice’s value within 24 hours, and evidenced through our recent customer survey, 92% of our clients said that they would recommend our services to another business.* For a no obligation discussion about a tailored solution for your commercial finance needs, contact us on 0800 169 4356.
**Independent customer service research with a representative sample from February 2012.
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.