![]() ![]() Gemma gets the remaining value of the invoice (£1,500) minus the lender’s 3% fee (£300), so she receives £1,200. Then, when the customer pays the invoice, the full £10,000 goes into a bank account controlled by the lender. When Gemma sends the invoice to the lender, she receives an advance of £8,500 within a couple of days. Gemma agrees to an invoice finance deal that will give her 85% of the invoice up-front, with total fees and charges at 3%. Boost your cash flow, grow your business. Gemma is owed £10,000 by a previous client for a completed project, but the invoice has payment terms of 30 days. Cash flow is important whether you are growing your business or for day to day requirements. This option is often better suited to younger businesses or those with a smaller turnover. In this scenario, your customers will know you’re using a factoring provider. ![]() Invoice Discounting solutions are tailored for specific needs for business with sales in excess of £250,000.With an invoice factoring facility, the lender provides a ‘credit control’ functionality on your behalf, chasing late payments and performing credit checks on potential customers so you can concentrate on running your business. ![]() This can also be provided through an asset backed finance facility by releasing funds against other assets, such as stock, plant and machinery, land and buildings. Transaction funding such as mergers, acquisitions, MBOs and MBIs may well need additional headroom over and above invoice discounting funding. The business should have good financial controls and a strong financial background. This facility is provided confidentially, so customers remain unaware of the financing arrangements. The remaining balance is made available when customers settle their outstanding invoices. ![]() Up to 85% is made available within 24 hours of an invoice being raised. Invoice Discounting provides an injection of cash into a business by releasing money against unpaid sales invoices. Reduces risks and administrative burdens normally associated with exporting.Credit checks available to minimise trading risk and give peace of mind.Up-to-date account information ensures control is retained for informed decision making.Frees businesses from the hassle of sending statements and reminder notices HH CASHFLOW FINANCE LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return.Provides financial headroom giving greater financial flexibility.Enables working capital to grow in line with sales.Assistance with telephone credit control can be provided if required.Ĭredit vetting is available to assist in decisions about extending credit to an existing customer or taking on a brand new customer - helping prevent bad debts before they occur. This service is suited especially to growing businesses and new starts.įlexible credit management is built into the agreement with statements and reminder notices issued to reduce administrative burden on the business. We help SMEs across various sectors and industries. The remaining balance is made available when customers settle their outstanding invoices. Peak Cashflow provide innovative and confidential invoice financing, factoring and discounting solutions. Up to 90% of their value is released within 24 hours of the Invoice being raised. The cash-based information provided by the cash flow statement contrasts with the accrual-based information from the income statement. We know that each business has different financial needs and, for every unique situation, we aim to deliver the best possible solutions.Ĭashflow finance by business factoring Factoring typically improves business cashflow by releasing money against unpaid invoices. The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period. We aim to bring a fresh approach to both Factoring and Confidential Invoice Discounting. ![]()
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