Is invoice finance right for my company?
Is your company new and without a credit history? Are
you undercapitalised, or a business with high seasonal
demands? Have you decided to purchase the interest of a
partner, add a new product line or simply expand existing
operations? If the answer is yes to any of these questions,
invoice finance may be the answer. Fortunately, banks are
not the only source of working capital. Money can be obtained
quickly through accounts receivable invoice finance where
an ongoing line of credit can easily be established.
Invoice finance is a way to increase sales. Most companies
cannot afford to carry many customers who pay their invoices
much beyond 60/90 days. Ever been forced to turndown profitable
orders because of slow-paying customers or had to offer
early settlement discounts cutting your margin. Factoring goes hand in hand with your financial planning the more
you invoice to credit worthy customers the more is made
available. It gives you some predictability in your month-to-month
financial situations.
Enter your current sales ledger value and your overdraft
limit to calculate the potential cashflow benefit of factoring or invoice discounting. Unleash your businesses potential!
