In business, cashflow is royalty. It’s the king.
You see, without it, you can’t grow, thrive, even run basic day to day operations.
Cashflow provides peace of mind. Utilities can be covered, staff can be paid, and machinery can be serviced. Yet it’s not just the day to day costs that cashflow covers. It gives you security. It actually gives you power.
With a fluid cashflow you can negotiate better terms with suppliers, you can plan and spread costs and your business can genuinely expand and grow.
Yet, how can you manage your cashflow when your clients aren’t paying you on time?
Well, here’s the answer – invoice factoring (also known as invoice finance).
Invoice factoring is a practical business finance solution that pays your invoices once they have been issued.
It’s simple to arrange, it’s quick to arrange too. It isn’t based on your credit history. It isn’t lending so you aren’t in debt to any establishments.
Instead, it’s advancing monies – monies you are owed on issued invoices.
You issue your invoice to your client.
Whilst they might not pay for 30, 60, 90 days plus, your invoice finance provider will pay you up to 90% within 24hours. The balance of which is paid when your invoice is settled.
This ensures that you have money in the bank to cover your outgoing costs, along with monies in the bank to sustain and grow your business.
Invoice finance is now the most popular form of alternative finance in the UK, and with over 50 providers – of which we have access to all – there’s a perfect match to your business.
Contact us today to see how invoice finance will give your accounts a royal seal of approval – call us on 07785 596053 or email Managing Director, Carole Roe, at carole@capitalcorporate.co.uk