-
Recent Posts
Recent Comments
Archives
Categories
Meta
Category Archives: Invoice Discounting
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
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
BofE base rate kept at 0.5% – are you benefiting?
The Bank of England base rate will remain at 0.5%. It is publicised that this is good news for borrowers but bad news for savers. If you are an invoice finance client there is a good chance you are operating … Continue reading
Permanent Recruitment – 70% prepayment
Our latest client has drawn down on funding today. They are a fairly new start permanent recruitment company who are looking to smooth cash flow. We have arranged a confidential facility with a 70% prepayment.
Posted in General, Invoice Discounting, Invoice Factoring, Invoice Finance
Tagged Confidential, Perm, Permanent Recruitment, Prepayment
Leave a comment
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
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
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
Leave a comment