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    Category Archives: Advice

    How to Maximise Cash When Invoice Discounting or Factoring

    How to Maximise Cash When Invoice Discounting or Factoring

    A lot of our clients want to ensure that they can maximize the cash generated by an invoice discounting facility. As such they compare different offerings based on the headline rate of the prepayment. For example they assume that a facility with 90% prepayment will generate more than a facility with 85% prepayment. This may […]

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    5 Most Common Mistakes When Setting Up a Factoring Facility

    5 Most Common Mistakes When Setting Up a Factoring Facility

    A lot of our clients have been disappointed with their first experience of factoring and come to us with the hope of improving service levels, reducing costs and improving cash flow. What we do see are some common mistakes that a lot of businesses make when setting up their factoring facility. Let’s look at the […]

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    The Best Factoring Company

    The Best Factoring Company

    We often get asked by business owners, “Which is the best factoring company for my business?” The answer is not always immediately obvious as relies heavily on the type of business that we are talking to and the unique requirements of that business. The best factoring company for a multi-million pound turnover exporter will probably […]

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    Construction Factoring – What is it and how does it work?

    Construction Factoring – What is it and how does it work?

    Construction factoring is aimed at construction contractors who are required to submit applications for payment to main contractors and then wait for these applications to be signed off and then wait again for payments to be processed. In the meantime the contractor may have wages and suppliers to pay so they need access to cash. […]

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    Invoice Finance or an Overdraft

    Invoice Finance or an Overdraft

    This seems to be a debate that goes on as to whether an invoice finance facility is better than an overdraft facility. From my perspective very few businesses are actually presented with this choice. We will of course do a comparison of these two forms of working capital but it is rare for a business […]

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