Your ambitious plans should not be held back due to the lack of funding, just because your customers are late with payments for your goods or services or you have allowed your customers credit facilities for 1 – 2 months but funds are needed now.
Normally you have 2 options, factoring which is a disclosed facility, which incorporates credit control, debt collection and funding. Your customers would be aware that Factor is involved, which might not be what you want or Invoice Discounting, where the lender puts up the funds against the Invoices, which is funding only solutions and does not include bad debt. This is confidential. The Funds are available within 24 hours of delivering good or services up to 90% of the invoice, balance being paid upon payment of the customers less the service charge.
WE SOURCE FUNDING FOR
INVOICE DISCOUNTING QUICKLY ACCESS CASH TIED UP IN INVOICES
FACTORING GIVES YOU UP TO 90% OF THE FUNDS YOUR CUSTOMERS OWE YOU
FUNDING BASED ON THE ASSETS IN YOUR BUSINESS
Construction Finance Releases funds against uncertified applications
Trade Finance Payments made directly to your UK or Overseas Suppliers
Contract Finance acts as a Safety net by advancing funds against your Contractual Billing