Invoice Finance Case Studies
Invoice finance is suitable for growing companies that offer products or services to other businesses offering trade credit terms.
The factoring market place is well served by many lenders however each has a different attitude to risk. Selecting an invoice finance facility on price alone can result in future problems, for example, poor customer service or sudden implementation of a ceiling on invoices factored. With our help these potential problems can be avoided. These case studies show how as independent factoring brokers we have helped others with the right lending solution.
- An accountant approached us on behalf of a small recruitment company suffering from cash flow problems. We quickly found a suitable finance lender and arranged a £470k factoring facility.
- We had met our client previously at a business networking event, the client mentioned that his company had won a lucrative contract with a local authority. However the client realised that providing the IT products and services could cause problems due to the payment terms. We explained the rules for public sector debt assignment were about to change and that we would be happy to arrange to factor the relevant £150k of invoices. The invoice finance was placed with a suitable factoring lender preventing potential cash flow problems from arising!
- A printing company needed cash for expansion. We arranged a £330k debtor finance solution allowing them to successfully win new business in the public sector which they had previously identified as a new target market for them.
- A small manufacturer approached us when their bank decided they had to reduce their overdraft facility. We successfully arranged a £2m confidential invoice discounting facility to clear their overdraft and reduce their finance costs.
Check out the potential costs of factoring via this Invoice Finance Calculator.
How much capital does your business need? Contact us about financing invoiced debts on-line here or call 01223 211 613.
Businesses trading with other businesses can facilitate growth by accessing trade debts early using factoring finance. If your company offers credit terms then an invoice finance solution could help but selecting the right lender is everything!
- Why use a factoring broker?
- Don't understand all the invoice finance jargon?
- Can a new business factor company debts?
- Does all my sales ledger need to be factored?
- How long do I have to commit to an invoice finance lender?
- Will previous credit problems exclude my company from getting invoice finance?
- Will my trade invoices be the only security required by the lender?
- Who provides invoice finance?
- Which product is cheaper? Factoring or Invoice Discounting?
- What is the difference between invoice finance and debtor finance?
As "invoice finance brokers" we have successfully arranged factoring and invoice discounting facilities for our business clients in the past. Here are just a few invoice finance case studies that you may find of interest [more details].