Factoring & Invoice Discounting in the UK

‘Alternative’ Finance

‘Alternative’ Finance

We are seeing more successful conversions of peer to peer deals, single invoice transactions and internet auction invoice sales. Businesses now have a really wide range of options available and whilst the starting point for external finance will usually be their bank it is worth exploring all alternatives. Some bankers can be quite dismissive of […]

5 Ways To Reduce Invoice Finance Cost...

Reducing commercial finance costs

SWITCH  LENDER Invoice Financiers rates vary considerably at any one point in time and significant cost reductions can be achieved by approaching the competition. Not all lenders actually want your business. Their current appetite for risk, funding limits, company size or even industry sector can fluctuate and determine how competitive new offers might be. You […]

10 Tips Before You Sign an Invoice Fi...

10-Essential-Tips-Front-Cov

Invoice finance is a great business tool to help improve cash flow. Banks and a growing number of independent lenders have developed facilities with a range of complex terms and conditions. Just Factoring have compiled this Top 10 Tips. It is not definitive but will help you find and negotiate the best deal for your […]

Customers Slow to Pay?

Customers Slow to Pay?

We’ve seen buyers pushing supplier payment terms out from an average of 45 days to 90 days and beyond! It’s opportunistic given the fragile commercial climate, with large companies leading the trend. The pressure it puts on cash flow can jeopardise a business. We list some new possible options that might help bridge the gap. […]

Avoid High Asset Finance Rates

Avoid High Asset Finance Rates

Taking the finance deal offered by an equipment supplier or vehicle dealer might restrict your options, mean that you pay high rates and include onerous terms. We have seen finance rates of over 5% from a well known lender drop to 2.4% for a client because the asset was modified and their trading history was […]

Regulation

Regulation

The ABFA Code of Conduct comes into force on July 1st 2013, there are many issues addressed but fundamental to its successful implementation is transparency by funders in their charging. An often heard obeservation is that the total costs of invoice finance bear little relation to the figures originally proposed. A degree of responsibility lies […]

Recent Deals

Recent Deals

Just Factoring has recently:- sourced a confidential invoice discounting facility for a £35m t/o distribution business implemented an invoice auction facility enabling a £2m t/o shopfitter to raise funds sourced a full service factoring facility for a £250k t/o contract cleaning business

Independent brokers, really?

Independent brokers, really?

If you are a business looking for funding through any type of invoice finance facility there’s plenty of advice available and that advice will often be supported by introductions to funders. It may be worth asking why a certain introduction has been made; brokers that are truly independent will have a detailed market knowledge and […]

Regulation

Regulation

There’s lots of talk at the moment of regulation within the invoice finance industry. Whichever way invoice finance is delivered, through a disclosed factoring facility or confidential invoice discounting the level of funding brought to a business can be really beneficial and with the facility size mirroring sales they are the most suited working capital […]

Whats most precious – staff or ...

Whats most precious – staff or cash?

A rhetorical question but businesses will often state their most precious resource is staff and whilst this is a strong sentiment the reality is that cash is so vital to well being that everything else is secondary. With this in mind, any business from one which is only an idea in an entrepreneurs head all […]