invoice financing

Can Invoice Financing Unlock Cashflow Hurdles to Growth?

Can Invoice Financing Unlock Cashflow Hurdles to Growth?

Despite an improving economic outlook and predictions that the UK’s growth forecast will continue its upward momentum, cash flow still remains a significant hurdle for many small and medium sized businesses. According to a recent survey 29% of companies say that late payments are causing major problems for their development. In a financial environment where lending to small companies by banks has plunged, despite government schemes designed to increase it, irregular and late payments can only heighten the difficulties that enterprises face as they look at growing their operations. In the worst case scenario, it can cause knock-on problems with paying suppliers, necessitating drawing on emergency reserves and overdrafts. Furthermore money tied up in unpaid invoices is money that can’t be in... »

Grow Your Business with Invoice Finance

Securing business finance today is a daunting challenge faced by entrepreneurs in every industry. The global economic climate, stringent credit criteria and rising administrative costs fall on the list of woes that every business has to deal with. However, there are a few facilities that could fuel growth into businesses. As the name suggests, invoice finance is a business funding solution, where cash is released against the value of outstanding sales invoices. Depending on the nature of the transaction, up to 95% of the invoice value could be released within 24 hours, once the invoice is raised. When a business makes a sale, customers could take 30-90 days to pay for the invoice. Invoice finance then bridges the gap between when a sale is made and when the customer completes payment. The ... »

Invoice Financing up as Company Insolvency Figures Fall

With the news that in Q2 2010, the number of company insolvencies in England and Wales decreased by 19.1% year on year, but has increased by 0.5% compared to the first quarter of 2010, Edward Rimmer, UK chief executive of Bibby Financial Services, says: “It is encouraging to see that the number of business insolvencies is in yearly decline, showing that the UK is finally recovering from the recession. But what is still of major concern is businesses are still suffering from a lack of access to finance and the liquidation of 4,080 businesses between April and June this year highlights that.” “Measures such as the Enterprise Finance Guarantee and HMRC Time to Pay schemes, designed to increase the level of funding to businesses, are still struggling to have the desired effec... »