Factoring & Invoice Discounting in the UK

Posts in category Commercial Finance

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 […]

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 […]

Construction Industry & Invoice ...

Construction Industry & Invoice Finance

Over the years invoice financiers have by and large steered clear of the construction industry. The concern has been potential erosions to the debt created including the possibility of a client failing to fulfil any overall contract, rendering staged billings uncollectable. This has led to a problem for construction businesses and those deemed to have […]

Personal/Directors Guarantees

Personal/Directors Guarantees

Invoice financiers are seemingly getting keener to take guarantees from Directors in support of either a factoring or invoice discounting agreement. These guarantees give the funder considerable scope and not unnaturally many Directors are reluctant to offer them. Different funders have different requirements and there are funders whose default position is to always seek guarantees […]

Why should a business use a broker?

Why should a business use a broker?

If a business is contemplating any type of invoice finance the chances are it may be at the suggestion of its bank. The banks motive may not necessarily be entirely altruistic but may see it is a chance to earn more out of a business whilst improving overall security levels. Nevertheless the idea of invoice […]