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Category Archives: Invoice Finance Costs

Invoice Finance – Personal Guarantee or Indemnity (Fraud Warranty)

Invoice Finance – Personal Guarantee or Indemnity (Fraud Warranty)

Invoice Finance providers typically require some form of personal security from the directors of a business. This can take the form of a personal guarantee or an indemnity that some people refer to as a fraud warranty. It is important to remember that for either to be called upon there would have to be a […]

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Is it the end of lengthy contracts in Invoice Finance?

Is it the end of lengthy contracts in Invoice Finance?

We are seeing more and more lenders moving towards a 28 day rolling contract. Historically, lenders would sign clients up to a 12 month contract with a 3 month notice period. This was done on the basis that lenders costs were front loaded so they would recover these costs in an orderly manner over a […]

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The Impact of Ban on Assignment when using Factoring or Invoice Discounting

The Impact of Ban on Assignment when using Factoring or Invoice Discounting

Typically large businesses that are sensitive about their supply chain will implement a ban on assignment within their contracts. This means that suppliers cannot assign part of their contract to another business. This is typically so the the likes of the MoD or pharmaceutical companies ensure that after checking the manufacturing standards of a supplier […]

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Is Factoring Expensive?

Is Factoring Expensive?

You may be asking how much factoring will cost your business? Factoring certainly has a cost attached to it and that cost is not insignificant. Many businesses ask if factoring is expensive relative to an overdraft and the simple answer, despite many articles to the contrary, is yes it is more expensive than an overdraft […]

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