Invoice Finance

Why Invoice Finance isn’t just for new businesses

Invoice Finance is a funding option that can be suitable for an array of businesses, whether they be big or small, new or long-established and varying in sector. One assumption about Invoice Finance is that is more suitable for new start-up businesses but there are actually a whole range of reasons as to why Invoice Finance can be perfect for mature businesses too.

Invoice Finance for mature businesses

Future-proofing your business to prepare for change

If the past year has taught us anything, it’s that life can throw anything our way, no matter how prepared we think we are. The Coronavirus pandemic threw the world of business into disarray, with almost every business being forced to change the way that they work. Though the last 18 months have been an extremely difficult, many of the UK’s businesses continue to power on and recover, proving it is not impossible to survive when the unexpected happens.

Choosing Your Invoice Finance Provider

With an abundance of Invoice Finance providers out in the marketplace, ranging from large bank-owned machines to small, niche providers, it is crucial that business owners make the right choice of provider for their business.

Whilst the products can appear to be very similar the delivery of the service varies greatly and can be critical to the success of a business.

Businesses That Love Invoice Finance

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?

Looking to escape a restrictive overdraft but still want the benefits of improved cashflow?

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 If the business is going through a difficult period, they can find themselves with facilities being withdrawn or at the very least see increased fees.