Why use Debtor Finance / Invoice Finance?
• Ensures cash flow is maintained. • Allows you to reuse the $ to generate profit. • As your business grows, so does your funding. • Orders can be filled while you’re waiting for your debtors to pay. • Your overdraft no longer handles the volume of work or growth you are experiencing. • You want to avoid introducing new equity partners (thus losing control/sharing profits). • You want to fund the business based on business assets, not personal property. • You require funding for a merger or acquisition opportunity. • You want to restore cash flow after a period of trading losses, business relocation or heavy expenditure (e.g. R&D). • You want to restructure and clear taxation arrears, to pay creditors or negotiate new terms with creditors. • Saves management time. • Experienced credit staff will be liaising with your accounts staff. • Credit checks to verify credit worthiness of those you are giving credit to. • Offering debtor’s payment discounts can be expensive and inefficient.
