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Category Archives: Invoice Finance
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
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Factoring in Ireland
Invoice Factoring Quotes Ireland is proud to be supporting businesses in Ireland in what are very difficult times. Our .ie website is aimed at helping Irish business owners source cash flow solutions for their businesses. If you or any of … Continue reading
Overdraft or Invoice Finance
I am often asked whether an invoice finance facility is cheaper than an overdraft facility. In short the answer is ‘no’. An invoice finance facility is typically more expensive than an overdraft facility. This is because of the workload involved … Continue reading