Monthly Archives: October 2011

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

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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

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Factoring Special Offers

Factoring┬áSpecial Offers are now included on the home page of Smart Factoring Quotes. If you are a lender with a special offer please let us know. If you are a business looking for the best invoice finance facility for your … Continue reading

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Why use a factoring broker?

Invoice finance facilities can be fairly complex when you look at how they calculate the cash generated and also the costs involved. In short the headline rates do not give the full picture. Invoice finance can be costly and typically … Continue reading

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FPB Launches plan for growth

The Forum of Private Business has come up with a 3 pronged attack for growth. slash government red tape reduce the complexity of our tax ststem halt the rising fuel and utility prices This was launched after the announcement that … Continue reading

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Latest Client – Single Invoice Factoring – Recruitment

Our latest client is a permanent recruitment company who was looking to access some cash for a short period of time. We fully explained their options and the associated costs and they decided a spot factoring facility was the best … Continue reading

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Perception of Factoring

When dealing with clients we are often told that the facility “must be confidential” because they fear their customers response to them factoring. I can accept that historically factoring was the finance of last resort but this is no longer … Continue reading

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Latest Client – Ventilation Designer and Manufacturer

Our latest client is a manufacturer of ventilation systems. They are sheet metal fabricators that specialise in supplying the catering industry with ventilation systems. They wanted to explore a few different options including spot factoring, selective factoring and whole turover … Continue reading

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Latest Client – Engineering Company

We were recently asked to help an engineering business who wanted to leave their existing funder who was a high street bank. The business taking the opportunity to implement a new strategy which was to focus on higher margins and … Continue reading

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