- 0330 113 8133
- 07529 692234
- info@ukbfinance.co.uk
- 4 Orchard Court, Harry Weston Road Binley Business Park, Coventry CV3 2TQ,
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When the Invoice is paid, the remaining percentage of 10%-20% will come back to you. Facilities are either Invoice by Invoice, or on an ongoing basis.
Cashflow – It allows businesses to keep the cash flow moving, with typically 80-90% of the invoice value available to you. The remaining amount comes in once the Invoice has been settled. By giving a business the money and comfort of easy repayment, it can avoid the pitfalls of overtrading or running out of cash.
Efficiency – Most invoice finance companies offer forms of factoring. This means that they will manage your credit control and sales ledger. It takes away the workload of chasing calls and ensures you can focus on selling your product!
Speed – Most invoice finance providers can have a facility set up for you within a couple of weeks, making it a fast and easy option.
Security – Invoice finance providers advance against the invoices, so should you fail, they still have a way to settle the amount owed. It’s a secure way of raising finance and always something to consider.
Flexibility – Since money is being advanced against invoices, the more you raise, the more money it generates. It is a flexible way of raising finance that should ensure you have enough working capital.
The market has two distinct product areas, factoring and Invoice Discounting.
Factoring – You outsource your credit control to the invoice finance provider, they make the chase calls and send letters. It’s a great way of relinquishing the burden of administration to someone else. They still advance the money and help collect it in supporting your cash flow both ways.
Invoice Discounting – This enhances your cash flow; however, you carry out all the administration of credit control. Often done confidentially, it’s an excellent way for large and medium-sized businesses to raise working capital.
We take you through the funding journey to ensure you get the best commercial finance possible. Ensuring you get the funds you need to grow your business and boost cash flow.
Our team has done this thousands of times before and knows that it works for each and every client.
We take you through the funding journey to ensure you get the best commercial finance possible. Ensuring you get the funds you need to grow your business and boost cash flow.
Our team has done this thousands of times before and knows that it works for each and every client.
Invoice finance can improve short-term as well as long-term cash flow requirements.
We are a credit broker not a lender.
UK Business and finance solutions Limited , registered at Orchard Court 4,Harry Weston Road, Coventry, CV3 2TQ. Company Register number is 11005876 . We are registered with the ICO, ZA336227 and you can check via www.ico.org.uk. We may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based within the UK.
If you wish to register a complaint please contact us at info@ukbfinance.co.uk or write to us at: 4 Orchard Court, Harry Weston Road Binley Business Park, Coventry CV3 2TQ
© UK Business & Finance Solutions Ltd 2023
