How does Invoice Finance work?
With invoice finance, a business can borrow a percentage of the value of its sales ledger, using unpaid invoices as collateral and not having to provide security via second charges on your home to support a personal guarantee.
It can be confidential so your customers will never know you are borrowing against the invoices, or you could have a service that will help with the credit control of the business ensuring invoices are paid on time.
Invoice finance frees up cash flow with an upfront initial payment (typically up to 90% of the gross invoice value).
Cash flow finance, including invoice finance, addresses the most significant challenge for company growth. Maintaining a healthy cash flow is crucial for sustaining operations and fueling expansion initiatives. With cash flow finance, businesses gain access to the necessary funds to cover operating expenses, invest in growth opportunities, and manage fluctuations in revenue and expenses.
The biggest issue with company growth is cash flow and so invoice finance is ideal if you’re eager to expand your business but need a little help with the funds required to get you there. Unlike an overdraft it will grow with your business.
What sectors can use Invoice Finance?
Your invoices need to be business to business (B2B) and the following sectors are available:
- ✔ Start Up
- ✔ Manufacturing
- ✔ Haulage
- ✔ Printing
- ✔ Construction
- ✔ Recruitment
- ✔ Wholesale
This list is not exhaustive, other sectors can be looked at contact us in Bath, Bristol and throughout the South West to discuss if we can help.
Why South West Business Finance?
We’ll approach a panel of lenders on your behalf which will include specialist invoice finance lenders, niche providers, banks and building societies. Then we will select the most suitable lender for you in order to achieve the best funding solution.
We pride ourselves on our ability to deliver bespoke funding to clients in order for them to meet their business goals, so contact us in Bath, Bristol or anywhere throughout the South West to discuss how SWBF can help you.
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Why SWBF?
✔ Unrivalled Banking Experience
✔ Personal Customer Service
✔ Tailored Funding Solutions and Advice
✔ Access to over 200 Lenders
✔ Independence and Reliability
Call us now on 01225 800 849 or click here to request a call back.
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