Provider Guide
Ashley Commercial Finance - Profile for Decision Finance |
Ashley Commercial Finance is a truly independent invoice factoring company, with no ties to banks or other financial institutions. We provide invoice finance for the small and medium sized business community (including start ups and turnarounds) across England and Wales with offices in Manchester, London and Bristol. Our clients turnover between £50,000 and £1.5 million and range from printers to road haulage companies, recruitment agencies to taxi firms, recycling companies to IT organisations.
We advance up to 90% of the value of sales which, coupled with professional credit control makes invoice finance an attractive option for a growing business and a smarter alternative to an overdraft.
Unlike many invoice finance companies who will only deal with homeowners, our facility is based on the Sales Ledger rather than the client's house. What's more we only ask for a 12 month Agreement, some factors demand 2 years and a further lengthy notice period afterwards.
Additionally we provide a selective factoring facility which means clients don't have to factor every invoice on their sales ledger, therefore not paying unnecessary fees on the facility. Many Client's need higher customer concentration limits than the "Industry Standard" 25-30 %, in most of out arrangements we identify the larger debtors and agree sufficient limits to accommodate our client's needs.
As the facility is based on a percentage of turnover, the funding available grows with the business. Our independence and lack of bureaucracy means that funding can be in place for new clients to draw down within 24 hours of receiving sales invoices. Full Online Account Access enables clients to obtain account information 24 hours a day.
Ashley is renowned for the excellent level service provided to its clients. With no call centres, each client has their own client manager that they deal with on a day to day basis. Our staff have all been with us for many years and that means the client can be sure that their manager won't change from month to month.
In response to client demand, we launched an asset finance facility in June 2005. This is available for anything from computers, telephone systems and office equipment, through to company vehicles, yellow plant and machinery.
In short, the whole service and product that we provide is totally client focussed, everything the company does is for the benefit of the client. A typical example of this is when a new client was having problems leaving their old factoring company. Lengthy delays resulted in the client potentially not being able to pay its staff at the end of the week. Ashley stepped in and agreed to pay the wages - this was even before the company was officially a client!! True client service that many try to beat or match, but few succeed!
