Working Capital Funding
Unlock your Debtor Book in Bristol or Cardiff. Speed up your Cashflow!
You will be surprised at how effectively a flexible factoring or invoice discounting arrangement can assist your working capital challenges. Used wisely, it can greatly assist your plans for growth.
In essence, a factoring facility draws cash quickly into the business by converting your debtor book into readily available revenue, the security for the advance being the invoice itself.
No matter what the age and size of your business, we can normally provide a workable and cost-effective factoring solution to improve the cashflow into your business at rates often far better than overdraft terms.
Key benefits of a Factoring Solution include:
- Up to 85% of the invoice value paid to you on issue.
- Online process and cash paid into your account same day / next day
- Facility available to new start business with turnover from just £100K per annum
- Bad debt insurance can be included if necessary to give additional peace of mind
- Factoring can be offered to most business types and Industry sectors
- Reduced finance costs over traditional overdraft facilities
- Easy to set up and the service can be operational within 7 – 10 working days
We offer free and unbiased advice and will tailor a working capital solution to meet your exact needs and budget. That may mean a combination of Stock Finance to sit along side an Invoice Discount facility, would be the best solution for you.
Our level of service is extremely high, which is vital at a time when more and more businesses are finding that they have to look beyond the traditional Bank overdraft to satisfy their increasing cash flow needs.
We will provide you with a view of the entire market – quickly and efficiently and can implement the right working capital solution without disrupting the running of your business.
Get in Touch!
02921 404 109
info@channelbusinessfinance.co.uk