Classic Funding Group is on a winner by promising that all client facilities are confidential. Many businesses fear their customers will lose confidence in them if their financing arrangements are disclosed. The promise of privacy therefore, Read More …
Single Invoice Finance is a great solution when a business urgently needs working capital for a short period. It is also known as spot factoring or selective invoice factoring. A finance company offering this product Read More …
The cost of your debtor finance facility will be determined by three factors. 1. Your Business. Lenders like to invest in strong businesses with potential for growth. If that’s you, they will compete aggressively for Read More …
Debtors can come up with some pretty creative excuses when explaining why they haven’t paid a bill. These are my favourites from a list of 101 whoppers collected by an answering service in the U.S. Read More …
Tom owns a factory producing precision engineered equipment. Business is booming with lots of blue sky. But cash flow has become a real problem and Tom’s losing sleep worrying about juggling his cash to pay Read More …
“Will my customers need to know?” is one of the first questions asked by people considering debtor financing. It’s a reasonable question because in the past debtor financing (aka factoring, or invoice finance) was associated Read More …
Invoice payment times have slowed to their lowest rate in 3 years, according to Dun & Bradstreet. The slow down is the most pronounced since 2011 with business to business payments averaging 56 days in Read More …