Invoice Finance
Cashflow is King!
That statement is undoubtedly true, but for many small and growing businesses can become a problem. One of the most popular and fastest growing finance options helping businesses with cashflow is invoice finance, whether through invoice discounting or factoring.
Invoice finance can help provide much needed working capital for a growing business, remove peaks and troughs and help with better budgeting and planning. An option for most businesses, it appeals in particular to some, especially those businesses involved in recruitment, transport and logistics, manufacturing, wholesale and distribution and IT.
With the Banks making it more challenging to obtain overdraft funding, rather than leave money tied up in invoices, invoice finance allows these to be freed up, typically up to 90% of the gross invoice value.
Finding the right invoice finance provider can be time consuming and costly. Without an in-depth knowledge of the sector and invoice finance providers, it can be very difficult to find the right one for your business.
Touchstone has a close working relationship with a range of invoice finance providers, and through this can quickly identify who will offer your business a cost effective solution as well as a first class working service.
- Are you already using invoice finance and would like a free and impartial review of your current facility?
- Do you think you are paying too much for your invoice finance facility?
- Does the service offered by your current invoice finance provider not live up to your expectations?
- Are you thinking of using invoice finance, or are you being pushed down this route?
To find out what Touchstone can do to help you and your business, contact us for more information now, either by calling us on 07595 219921 or filling in the following:
