Invoice Finance – What is it and How Can it Help My Business?

invoice finnce and factoring explained

Invoice finance is an umbrella term for two distinct forms of business funding called invoice discounting and invoice factoring.

It’s likely you’ll have heard of these alternative types of business finance before, but without knowing exactly how they work, you might dismiss them as just another financial product that you and your business don’t need. However, there are real benefits to these products, so here is what every business owner should know about invoice finance. (more…)

What to do if your company is running out of cash

Starting up and sustaining a company is a tough challenge for even the most gifted of entrepreneurs or the brains behind the business world’s biggest and best ideas. Within that context, the margins for error tend to be slim, particularly when it comes to financial matters and the business of balancing your books.

Here are some of the best options potentially available to you if your company is facing a financial squeeze and is running out of cash, along with some ideas on how to approach the turnaround process.
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Factoring for small businesses – the pros and cons

If you’re doing well enough that your business is growing rapidly you would expect your finances to be healthy. But that isn’t always the case.

If your firm is expanding quickly, you could find that your cash flow becomes a problem, even though your business is profitable.

It’s a unique financial situation where you are selling so much that you can’t get the money in the door fast enough to pay for the raw materials you need for your next batch of products.
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Late payment the biggest cash flow killer

A recent survey shows, once again, that late paying customers remain the biggest single threat to the health of the UK’s small businesses. Here, we provide some tips on how to avoid late payment problems.
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How factoring can free up your business cashflow

The lifeblood of any business is cash. You need good cash flow to keep your business viable. In some ways it’s more important than turning a profit – it’s not unheard of for profitable businesses to go under, just because they ran out of cash.
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Invoice discounting – a small business guide

Unless you’ve got mortgage-free commercial premises or machinery, the biggest asset in your business is probably its sales ledger.

Its value shouldn’t be under-estimated. The money your business will bring in each month is a valuable tool that can be used to make business life easier.
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