Finance your slow-paying invoices
Keep your finances flowing
Invoice Discounting has been gaining popularity as a way to finance a growing business. Invoice Discounting is essentially a financial tool that allows you to finance your slow-paying invoices from creditworthy customers.
Using your invoices as collateral, the finance company advances funds to your company – providing you the resources to pay important expenses. Ultimately this enables you to trade – pay your workforce, buy stock etc.
Invoice Discounting Advatages
Here’s an examples of the Invoice Discounting that 1st Business Finance have worked on with a client
The client had been in business 15 years, installing and maintaining high access signage and illuminations nationwide.
They were struggling with getting payments in due to time constraints and turned to 1st Business Finance for help for a facility that offered an opportunity for growth and higher levels of customer service excellence. The client was seeking a provider who had a strong understanding of their business model and future growth requirements. The lender worked together to tailor a package that would help the organisation reach its business growth. In addition, bad debt protection was put in place to safeguard any risk of potential bad debt from customers.
How we can help you
We have an unrivalled panel of commercial mortgage lenders, in most cases, we are able to minimise the time from application to completion by carefully assessing your circumstances against our lender panels current loan criteria.
Call us now to enquire about commercial mortgages, plus current availability and suitability for your needs:
01884 508 168