Financial Services > Business Loans > Cashflow Finance
Many new and existing businesses will require a cash flow finance solution. Business overdrafts can often work out expensive but there are other, more flexible alternatives, such as invoice factoring or cash flow finance.
This means unlocking the tied up cash in unpaid invoices. The lender, or `factor' may fully manage your sales ledger and provide you with credit control and collection services of all your outstanding debts. The invoices you issue are sent to the factor who typically advances up to 80 to 90 per cent of the invoice amount to you. The balance, less charges, is paid when the customer makes payment directly to the factor. The service is disclosed to your customer who typically receives a letter from the factor, or attached note to your invoice, containing payment instructions to the factor.
To find out more about this type of finance, please complete a Quick Enquiry Form and we will arrange for one of our advisers to contact you. Or you can call us on 0845 108 0505.
Business-Loans.co.uk can give you everything you need to know about business finance. For the best deals available for personal loans, visit us at www.personal-loans.co.uk
| businessloans news |
|---|
| Santander Agrees Deal To Buy Troubled UK Lender - Fri, 18 Jul 2008 |
| Barratt Secures Extension To Debt Repayment Deadline - Fri, 11 Jul 2008 |
| Bridging Finance Company Announce Extension Of Credit Lines - Fri, 04 Jul 2008 |
| More News |