CONSTANTLY WAITING TO BE PAID?

ACADEMY LEASING HAVE THE ANSWER!

Are you constantly waiting on payments for invoices on work or products already supplied? Every business will encounter times when they are waiting anything upto 90 sometimes 120 days to be paid and from my experience in business, that can be a very long time. I found that sometimes the profit has gone out of the job by the time you receive payment.

Cash is king when you are running your own business and most companies will need an injection of extra working capital to solve a cash?ow problem or support growth. The money owed to you for work done could help this.

Our factoring and invoice discounting solutions will ensure a healthier balance sheet and bank balance, giving you the power to handle an acceleration in the market and build on your success to date, as well as maintaining effective debt control. We also provide business cash loans of up to ￡50k.

Both invoice factoring and invoice discounting act as a means of providing an advance on future revenues. With invoice factoring, we will manage your company’s sales ledger and take charge of collecting money from customers directly if you wish. A percentage of the invoice total will be advanced to you up front, with the remainder paid on settlement.

With invoice discounting, we don’t collect any of the debts but will instead lend money against unpaid invoices as an agreed percentage of the total value.

If you want to explore these option more please do not hesitate to contact me on 01942 408520 ext 222 or email me at [email protected]