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Category Archives: General
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
Sports Bras
Sports Bras are related to factoring in what way you may ask? They are not related in any way! We simply wanted to wish Active Sports Bras all the very best for their launch on Monday, February 20th 2012. Active … Continue reading
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
Recruitment Finance
Recruitment finance comes in various formats and with various added on services. Typically it is a requirement of temporary recruitment companies who have a weekly payroll yet only get paid by clients on a monthly basis if they are lucky. … Continue reading
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
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
All the best for the festive season
The Smart factoring Quotes team would like to wish everyone all the best for the festive season. It has been a challenging year for many businesses that we have spoken with. Hopefully 2012 will bring easier times. For now we … Continue reading
We have reduced a clients service fee by over 50%
We have been working with a print company who were using their own bank to provide invoice finance facilities. They enquired via our website about reviewing their facility. We discovered that their bank had essentially been overcharging them for the … Continue reading
Latest client – low minimum fees – ice cream company
We were recently approached by a company that sells ice creams and jams to independent shops. They were looking to offer credit terms to their customers with a view to increasing sales and gaining competitive advantage. However, as a small … Continue reading
Spot Invoice Discounting…..
Spot Invoice Discounting is promoted by Smart Factoring Quotes and so is Spot Factoring. What is the difference? In fairness there is no difference. The Spot Invoice Discounting is a disclosed facility and the debtor is required to pay the … Continue reading