Invoice Finance or Factoring is the process of selling accounts receivable or invoices at a discount. For the person issuing the invoice, this means immediate payment without the usual thirty, [...]
If you have customers who are difficult to get to pay their invoices, then our DIY Debt Collection guide might help you maximise your chances of success.
Most businesses work with more than one client. If these customers don’t pay on time, the business suffers, naturally, because there is no money coming in to run it. When the invoices issued by [...]
Want to know the difference between cash based accounting and accrual based accounting methods? Here is a brief overview of some key differences. This difference has a huge impact on the [...]
In Chapter 2 of the cashflow drivers ebook I touch on some of the basics surrounding the financials of a business. I am not an accountant by any means so I have put Chapter 2 into terms a [...]
As a factoring provider we are very focussed on cash flow and what can effect it.
I am in the middle of writing an ebook on what drives cash flow through our factoring book. Here is an excerpt [...]
Invoice finance is a powerful tool being used by businesses who need access to the money tied up in their invoices to grow. This video shows the impact that invoice finance and it's associated [...]
Ask ten different businesses this question: What is your biggest problem in current times? – and the unanimous answer will be: “Managing working capital!” with good reason. [...]