Cashflow Solutions

Invoice Discounting

With our invoice discounting product, you will receive advances of funds against outstanding sales invoices. Up to 90% of the value of your invoices can be paid out within 24 hours of raising them. Funds advanced under invoice discounting can be increased when a selection of assets is taken into consideration: We can provide funds against invoices, stock, plant and machinery, land and buildings.

Factoring

Factoring is a flexible form of finance, which advances money to a company as and when it issues new invoices. Factoring can, for businesses with a turnover greater than £100,000, bridge the gap between raising an invoice and getting that invoice paid. Factoring provides the cash flow necessary for working capital and growth.

When you send out your invoice you also send a copy to the finance company, they will then advance funds of up to 90% of your outstanding sales invoices, normally within 24 hours. Some degree of credit management can also be built into the facility. We currently assist businesses of all sizes including sole traders and limited companies from start-up to maturity.

Recruitment Finance

If you are in the business placing temporary workers or contractors, being assured that funds will be available to meet the payroll costs is essential if you are to concentrate on growing your business. This can be achieved by setting up a factoring of invoice discounting facility.

We can also offer our clients a fully-outsourced back office, taking care of all the key administrative tasks and ensuring compliance with tax and data protection legislation. Thus giving you confidence that monthly and annual returns and payments of tax/NIC deducted are being made accurately and on time.