Invoice Financing
Is cash flow restricting your business growth?
At U First Commercial Finance we can help you choose a cash flow finance solution that's right for your business.
Cash flow is the 'life blood' of any business. Unpaid invoices can damage growth or, even worse, put businesses with healthy sales orders at risk. With many high street banks putting the squeeze on overdraft facilities, businesses now need alternative sources of finance.
Invoice Finance
Invoice financing is a flexible solution which advances money to a company as and when it issues new invoices. Invoice financing can bridge the gap between raising an invoice and getting the invoice paid and it provides the cash flow necessary for working capital and growth.
There are two major advantages of invoice financing over overdrafts or other forms loans:
- Invoice financing is flexible as the amount you can borrow grows directly with your sales. This is essential to enable companies to fund their growth, since you must usually pay your suppliers before you receive payments from your customers.
- No other assets are needed to secure this funding.
Invoice financing enables businesses to receive up to 90% of outstanding invoice values usually within 24 hours. Providers can assist businesses of all sizes including sole traders and limited companies from start-up to maturity. A choice of options are available depending on your individual needs.
Trade Finance
If you need funding to fulfill a confirmed order or an individual sale to a creditworthy customer, it can be frustrating if your working capital is locked away in your business. You can find yourself in a catch-22 situation - you have a big order but the funds you need to fulfil it are tied up. Worse, you can't access those funds until the order is delivered. This can lead to businesses missing out on crucial deals.
With trade finance solutions it's a situation you need never experience again. U First Commercial Finance is able to arrange advances of up to 90% of the confirmed order value to pay your supplier. Many lenders will pay the supplier directly, collect the money from the customer and forward the balance to you (less fees and the original sum), saving you time and trouble.
>>Find out more about the right cash flow finance solution for your business
call us on 01772 623532 or email U First Commercial Finance
| Confidential Invoice Finance Case Study |
|
U First search the whole of the market to identify the best providers for clients' needs, we consider all the factors including the facilities available, fees, interest rates, services levels before making any recommendations.
Following company restructuring, an electrical supplies wholesaler needed to arrange an invoice finance facility. The client had knowledge of several providers but was unsure which to use. After gathering the relevant information about the business, U First Commercial Finance was able to identify the right facility for them. U First reviewed the paperwork in detail and checked the small print on the client's behalf. A meeting was arranged with the client and provider at U First's office to discuss the facility in detail which was then quickly arranged on time.
|
Providing Commercial Finance Solutions for businesses throughout Lancashire & the North West -
Blackpool, Preston, Leyland, Chorley, Blackburn, Ormskirk, Lancaster, Burnley, Manchester, Liverpool