PLEASE NOTE THAT THE CBILS & BBLS is now closed to new applications
Invoice Finance boasts an array of benefits for businesses across many sectors. With benefits including upfront access to working capital, flexibility and the option of built-in credit control, Invoice Finance can appeal to a number of sectors such as haulage, printing, recruitment, manufacturing and wholesale.
What is Invoice Finance?
Many businesses still fund their cashflow through a traditional bank overdraft. It’s only when they come to renew it or look for an increase, they may find their bank is unwilling to go the extra mile. Overdraft providers tend to base their underwriting decisions on past financial records rather than where a business is going. If the business is going through a difficult period, they can find themselves with facilities being withdrawn or at the very least see increased fees.
Many businesses will soon be returning to normal and it is inevitable that these businesses may be reviewing their approach. A concern of many businesses is managing their cashflow to better their business output and to allow their businesses to run smoothly after a challenging time.