How much do I have to borrow if I turnover £4,000,000?

No replies
randy
Joined: 01/13/2009
User offline. Last seen 1 year 32 weeks ago.

I run a business services agency providing a consultancy service to large corporate. My projected turnover for the next 12 month is £4,000,000, up from £3,250,000 last year, which was our fifth year trading.

After a few cash flow issues last year my accountant has advised that I use an invoice discounting service, but was super helpful by saying they couldn’t recommend anyone to us.

Does anyone know what to look out for when finding the right provider? Should I just look at the cost and go with the cheapest?

How much does invoice finance cost for manufacturing business?

Associated Partners:

Eurofactor
igf
leumi ABL
BIBBY

Members of:

Member of the Federation of Small Business