|
Newsletter: November 2009
|
|
Always a good time to look into invoice finance
|
Dear Colleague
Come December, it's tempting to put off any decision about invoice finance until the New Year, but why wait?
Get your free invoice finance quotation search and let us find you the perfect deal to stave off the winter gloom.
With kind regards,
Julie Blackman
|
|
Free Calculator: Compare Factoring vs Overdraft
|
When making a decision about whether to opt for factoring or for a traditional overdraft, it pays to find out just what the cost to the business will be.
Although on the face of it the cost of factoring is higher, going for an overdraft may be a false economy, because factoring can offer substantial net savings in the long run. In our illustrative example the business would have saved £10,000 by using factoring instead of overdraft.
To find out how much you could save, download our Factoring Comparison with Overdraft Calculator (Excel spreadsheet), and adjust the figures to reflect your business.
|
|
Christmas is coming - as are the late payments
|
Our experience and that of many businesses we have spoken to is that customers can take on average two weeks longer to pay over the Christmas and New Year period.
There is still time to put an invoice finance facility in place before the festive season begins, enabling you to receive the majority of the value of your invoices immediately you raise them.
Apply online now...
|
|
|
NON-RECOURSE: IS IT COST-EFFECTIVE?
|
Many clients want non recourse to protect them from potential bad debts.
However, in the current economic climate many providers are struggling to provide adequate credit limits.
When this is the case, the answer may be to find an alternative solution.
|
We recently solved this problem for a customer - read the case study and find out how...
|
|
