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Also known as factoring or invoice discounting, invoice finance allows you to raise finance from unpaid invoices owed to you by your customers.
For many businesses, outstanding sales invoices are the largest asset with up to one quarter of an annual turnover remaining unpaid at any one time. This "locked up" cash can greatly impact the growth potential of a business and may sometimes force a business into insolvency.
Available to the majority of businesses who have credit sales to commercial buyers – including start ups – an invoice finance solution is not dependent on historical financial performance and therefore provides an easily accessible means of financing growth, particularly for new start businesses.
F A Simms & Partners Plc can put you in touch with providers who do not see these areas as obstacles to providing a facility thus ensuring that any finance you source will help you fund your growth.
If you would like to find out more details about the invoice finance solutions provided by F A Simms & Partners Plc please contact us now.
08456 180 214
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