Tag Archives: invoice discounting

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

Posted in Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , , , , | Leave a comment

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

Posted in Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , , | Leave a comment

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

Posted in Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , | Leave a comment

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

Posted in General, Invoice Discounting, Invoice Factoring | Tagged , , , , , , | Leave a comment

Factoring Special Offers

Factoring Special 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

Posted in Costs, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , | Leave a comment

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

Posted in Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , | Leave a comment

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

Posted in General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , | Leave a comment

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

Posted in Costs, General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , , , , | Leave a comment

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

Posted in General, Invoice Discounting, Invoice Factoring, Invoice Finance | Tagged , , , , | Leave a comment