SME - Debtor Financing

There is another way – Invoice Finance is a way for businesses to access the value of their unpaid sales invoices. Also known as Debtor Finance, it’s essentially a line of credit secured by the accounts receivable rather than the directors family home/s.

Why Invoice Finance?

Speed: it’s quicker and isn’t as involved as a long-term loan. In many cases, the business can gain access to funding within a day, and the paperwork is relatively minimal compared to most other types of loans.

No reliance on property: you don’t have to put up real estate like a home or commercial property as collateral. With this arrangement, the outstanding invoices act as collateral and are all that is needed to obtain funding

Supports growth: Slow or late paying clients can put a serious strain on business cash flow and make it difficult for SMEs to take the next step. But with invoice financing, they are not stuck waiting for invoices to be paid and can stay on the offensive and capitalise on growth opportunities. Debtor finance facilities grow with the business as it grows.

For businesses looking to expand, boost working capital, improve their day-to-day cash flow, or even acquire a business, a range of invoice finance solutions is available to help them succeed.

Contact me to discuss what invoice finance could do for you or your client’s business.??