Category Archives: Costs

Beware of your facility limit

When looking for a factoring oir invoice discounting facility it is important that you look at your requirement and your growth plans. Thne overall facility is the maximum amount that a lender will provide you without agreement to increase the … Continue reading

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Dragon touches on basic house keeping and cash flow

Writing the first in a new series of guest blogs for the Institute of Credit Management (ICM), serial entrepreneur James Caan suggests that small businesses need to act to remove the barriers to payment and he urges smaller businesses to … Continue reading

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The benefits of using a factoring broker

If a factoring broker is ‘worth their salt’ they should offer you benefits over and above just randomly selecting some lenders from the yellow pages. A good factoring broker will aim to understand your business and it’s requirement. Only when … Continue reading

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Factoring Dispursements – the hidden costs.

When speaking to clients and reviewing their factoring and invoice discounting facilities I am often amazed at how much their dispursements are. What amazes me more is often they don’t actually know what what those dispursements are. It is not … Continue reading

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Finance for a new start recruitment company

We see a lot of enquiries for new start recruitment businesses where someone working in recruitment has decisded to start up on their own. These can range from a one person operations right through to well capitalised multi office operations. … Continue reading

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Cash Flow Problems – what are the available solutions?

If your business has cash flow problems you may want to look for financial solutions. We can explore what these options are but you can also focus your internal operations to operate more efficiently. In terms of operations you can … Continue reading

Posted in Asset Refinance, Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , | Leave a comment

Factoring fees. Are they increasing?

The headline rates for factoring fees seem to be reducing again as lenders return to the market and competition increases. This is obviously good news. However, there does seem to be a lot of additional fees being introduced by lenders. … Continue reading

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Does factoring impact on profits?

Factoring most definitely impacts on profits. Let’s have a look at the different ways factoring can impacts on profits. The most obvious way is by reducing profits because of the costs involved. Factoring has a definite and not insignificant cost … Continue reading

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New Year – New Finance Facility?

As it is the new year would it be worth reviewing your finance facility? It is probably a worthwhile exercise for the following reasons: you may be paying a minimum base rate which means you are paying too much and … Continue reading

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Good luck in 2012

As 2011 draws to an end we wanted to wish everyone all the best for the New Year. 2011 proved to be another challenging year in difficult economic times. A lot of SME’s still feel let down by our banks and … Continue reading

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