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Monthly Archives: August 2011
Sunday Papers – Bad Advice?
I was reading an article in the sunday papers about an undercover journalist who had approached the high street banks with a business plan. He was requesting a £3,000 overdraft facility for a retail jewellery business. His complaint was that … Continue reading
Why do lenders have a minimum contract period?
Well to be honest not all lenders do. The standard however does seem to be a 12 month contract with either a 3 or 6 month notice period. However, some lenders offer a 28 rolling contract and I have seen … Continue reading
A new facility for a security company with a single debtor
Smart Factoring Quotes are delighted to have assisted our newest client secure an invoice finance facility. We have put in place a factoring facility to help a Manchester based security company with a single debtor. Before approaching Smart Factoring Quotes … Continue reading
Posted in General, Invoice Factoring, Invoice Finance
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Minimum Base Rates – Do you know what you are paying?
Minimum base rates can mean you are paying more than you expect and more than you need to… When speaking to new clients and reviewing their existing facilities it is quite common for them not to be aware of the … Continue reading
What does the current low Bank of England base rate mean to invoice finance users?
Well you may think that everyone is benefiting from the current low rates. Unfortunately this is simply not the case. If you have had a facility in place for some time it will be worth checking the small print and … Continue reading
Posted in Invoice Finance
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We can help you increase profits
Smart Factoring Quotes can help you increase your profits. How can we do this? We can help you: Increase profitable sales Reduce costs To learn more please take a look at – Increase Profits
Smart New Website….
Smart Factoring Quotes are delighted to announce the launch of our new and improved site. Our aim has always being to be an online resource for business owners wanting to learn more about invoice finance. Our updated site is more … Continue reading
Understanding Factoring Costs
Factoring costs can be quite difficult to understand if you do not know what to look out for. There is a page on the site advising people how best to minimise factoring costs. I thought it might be an idea … Continue reading
Posted in Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance
Tagged Costs, factoring, invoice finance
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Selective Factoring or Spot Factoring
Selective factoring allows a business to choose which debtors to factor. They then notify all invoices for that debtor to the factoring company. Spot factoring allows you to choose individual invoices to factor. This can be a one off invoice … Continue reading
Factoring – Outsourced Credit Control
While factoring is a valuable source of working capital for businesses it is also an excellent way of reducing the administration burden a business owner can face. By outsourcing the credit control function you are putting it in the hands … Continue reading
Posted in Invoice Finance
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