What is Invoice Factoring

Invoice factoring (or discounting) is an alternative way of reducing a businesses cash flow problems. Instead of having to wait weeks or months for your money after you raise your clients invoice, you can have upto 90% within days.

For those of you who are fed up with the high street banks and the power they seem to hold over you because you need to your overdraft, investigating factoring could very worthwhile.

I have been working on the SEO of a new site where you can get in touch with a number of independent invoice factoring companies.

Although the content of site is being worked, the important part as far as you are concerned is up and running. You have the ability to get in touch with independent financiers who are looking to invest in British businesses. Yours could be one of them.

The types of business that the Independent Business Finance Team are currently funding are

Business in any sector where you have a clear title to the invoiced funds. i.e. the job is complete and agreed.

Examples are

You Manufacture goods.
a transport company and the goods have been delivered.
the business turnover is in excess of £375,000 per year.

There are other considerations which I’m not sure about – it’s not my field. The point is that these guys have money to invest in British businesses that have a solid business beneath them.

The industry is unregulated so these guys have a fair amount of leeway in how they can help you.

The main focus of thier attention is – is the business sound now – not what you’ve done in the past.

You business will be looked at on its merits. Decisions are not made on what the ‘computer screen’ says (like when you talk to your bank manager who can only apologise) 🙂 – Your desicion will be made on what potential these folks can see in you or your business.

Here’s the link again http://www.invoicefactoringcompanies.net

If you need to improve your cashflow for growth of debt reduction – give it a try. You’ve nothing to lose and everything to gain.