Invoice Finance Factoring | Cashflow Funding, Hertfordshire, Online

Invoice Finance and Factoring

Do you sell goods and services to other businesses?

Having made a sale do you then have to wait for up to 90 days for payment?

Invoice Finance can release up to 95% of funds tied up in invoices, with money released to you within 24 hours.

At a time when many banks won’t provide funding, Invoice Finance can provide a much needed cashflow injection. This is usually by way of a permanent facility with an agreed credit limit, however raising funds against a single invoice with no requirement for a long term contract is becoming increasingly popular.

Cash is usually the most vital resource for businesses so effective cashflow management is essential. Invoice Finance, often known as Factoring or Invoice Discounting, provides access to your cash now.

It is suitable for most industries including manufacturing, distribution, transport and recruitment amongst others. Whether you are established or just starting out, a management buy in/out, a phoenix company, part of a pre-pack arrangement, or simply looking to refinance an existing facility, we can arrange a package tailored to your specific needs.

Don’t worry if you have a poor credit history. Funding is based on your debtor book so lenders are more interested in your customers’ ability to pay than your own financial performance.

Choosing the right funding package isn’t always straightforward, as there are various elements to the overall pricing. Simply choosing what appears to be the cheapest quote isn’t always the best option, as there may be cheaper options once extra costs are taken into account. We do this work for you as we understand the detail of what is being offered.

Our funding partners are trusted, reputable and experienced, the quality of service they offer is often as important as the terms of the finance package.

We can help you choose the one that’s exactly right for your business. Preferential rates and fees are also available exclusively to HLP and our clients from time to time.

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Asset Finance

Most businesses need some form of equipment to carry out their day to day activities, whether that is Vehicles, Computers and other IT equipment, Plant, Machinery or many other item types.

Finance packages are available to not only to purchase assets but also to raise capital against assets you already own, thereby releasing cashflow into your business. The funder essentially buys the asset from you for cash then sells it back to you under a finance agreement, so you continue to have use of it in your business.

The sheer range of options and finance packages available can be bewildering, we have provided a brief outline of some of the finance types below but the best option is always to speak to an experienced specialist in this type of funding. 100% of the purchase price of an asset is available in man instances.

Hire Purchase

This allows you to spread the cost of the asset, and also become the owner of that asset at the end of the repayment term.

Repayment plans can tailored to suit your budget, and if you have any seasonality in your business this can be built into the repayment structure.

Leasing is essentially a contract between a funder and a customer that gives the customer the use of the asset in return for a rental payment over an agreed time period.

Leasing

This provides you with the equipment you need, but without the responsibility of ownership. Once the lease period ends you can either return the asset or take out a secondary rental agreement to keep it in your premises. One of the principle benefits of leasing is that a repayment schedule can be tailored which matches the income generated from the equipment itself, so pressure on cash flow can be alleviated if not avoided altogether.

Invoice Finance and Factoring

Invoice Finance and Factoring

News

Asset Finance

Hire Purchase

Leasing

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