Invoice Finance Guide
SME Invoice Finance - Profile for Decision Finance
Factoring - A complete outsourced service.
Factoring provides an injection of cash against the value of a company's invoices and frees up management time, removing the burden of running the sales ledger and managing debtors. This very flexible facility keeps pace with your sales and therefore particularly suits ambitious businesses embarking on rapid growth. There are many benefits of factoring to a business. It allows you to:
- Generate immediate working capital
- Reduce the pressure on your cash flow
- Link funding to sales so that your business growth is not restricted
- Eliminate time and money spent on credit control and debt collection
- Concentrate on your core business without distraction
- Reduce average debtor days, helping to improve profitability.
Invoice Discounting - Growing in confidence
This increasingly popular method of finance often suits more established, profitable businesses that have effective and professional sales ledger administration systems. Like factoring, invoice discounting is a highly effective way of improving the cash flow within a company by converting its invoices into cash on a continuous basis. By contrast to factoring, the facility leaves the client in complete control of debt collection and sales ledger management.
It is usually (but not in every case) a confidential service, meaning that customers and suppliers remain completely unaware that the facility is in place. The service can be applied successfully to a wide variety of business situations including financing growth, acquisitions, MBOs and MBIs.
Unlike a bank overdraft or loan, an invoice finance facility will grow with your company - as more invoices are generated, more cash becomes available. Plus, the facility does not have to be negotiated every time an increase is required.
What makes SME Invoice Finance different?
SME Invoice Finance represents an independent alternative to a number of bank-owned invoice finance companies. Like our clients, we are an owner managed business, established by experienced directors with the backing of a number of "blue chip" shareholders coming from a wide spectrum of industry and commerce. All of our directors and shareholders have a common bond; an unswerving commitment to Small and Medium sized Enterprise sector.
Personal service sets us apart. We aim to develop a real understanding of how your business works. In this way, between us we'll determine the most appropriate funding solution to help you grow, profitably!
We understand your need to deal directly with people who can make decisions on the spot and feel confident that they will respond sensitively to requests that others may consider to be "outside criteria". We are also committed to utilising the latest technology, so you have immediate and real time access to all your account details and the fastest possible access to cash as and when you need it.