“When Will You Pay Me?”
“Mañana, mañana”
Does the thought of summer fill you with business dread?
The usual late paying culprits taking even longer because now all their credit controllers are on annual leave?
60 days turns into 90, 90 days turns into 120.
Sadly, it’s not uncommon - staff shortages at this time of year regularly result in late payment.
You risk your cashflow being drier than a hot sandy beach.
Well not if you use invoice finance, the UK’s most popular form of alternative finance!
Thanks to the unique way invoice finance, also known as invoice factoring works, means your cashflow will be wetter than the Mediterranean sea!
So, when you get told ‘mañana, mañana’ when you chase payment you needn’t worry, because...
You issue your invoice in the usual way.
You copy in your invoice finance provider.
You get paid up to 90% within 24hrs.
Your provider chases payment for you.
When your customer has settled their invoice, you are paid the balance (minus fees).
Not only does invoice finance mean you can relax, safe in the knowledge that your invoice will be paid, whether it’s Spring, Summer, Autumn or Winter, you’ll also be freed up from valuable time spent chasing late paying customers.
Factoring is tailored and flexible, because each business’s need is different, mean you can choose from alternatives such as:
Confidential Invoice Discounting
All the benefits of invoice factoring, but kept confidential from your customers.
Selective Invoice Finance
Choose what invoices you factor allowing for seasonal peaks and lows.
Costs for invoice finance are very reasonable, hence why it is so popular in the UK; over 44,000 SME businesses, just like yours, use the cashflow advancing facility.
As we are 100% independent we have access to all 50 invoice financing companies, ensuring you get the perfect match for your business. Our business is your business, we don’t have targets or contracts, we only place business with companies that best suit our clients’ needs.
For your factoring quote call me directly on 07785 596053 or email me at carole@capitalcorporate.co.uk