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When working for clients who are other businesses, receiving payment on job completion has become a pipe dream. 30, 60 or even 120 day payment terms come as expected and this can have a significant strain on you cash flow. However, invoice finance can step in wherever you need it to so you can advance those lengthy payment terms down to just 24 hours.
As long as you work on credit terms to other businesses, you are in for a good chance to be considered for selective business services factoring or a full invoice finance. You won’t need to put up any large assets and your credit rating won’t be scrutinised either as this form of business services funding is secured on your unpaid invoice values.
Invoice finance works by advancing a percentage value of your invoice(s) due to be paid to you in 30-120 days number of days time. This means that the cash advance is relative to the size of your invoice. Now the larger jobs with longer payment terms do not pose a possible cash flow issue.
Invoice finance is not the only alternative. Our team have possibly the widest knowledge of all the business services finance options available, from main stream bank lending to the latest invoice trading products. Asset finance and finding an accountant are our other most popular services. Our consultants will help you assess your options.
The Touch Financial team are here to identify which funding products are best suited for your current business needs and future goals. By getting in touch with one of our consultants using the quote form below, you will be able to benefit from a cost free chat about how invoice finance and other funding products can help your business grow. We look forward to learning about your business.
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All of the customers in our case studies have been kind enough to share their experience of the service we provide.
"Very polite and a professional team of financial advisers who seem to know their business, work well within their industry and get a result."-Invoice Finance Introduction
We pride ourselves on our high service levels. Please see what our customers have to say about us through the independent review service, Feefo.