UK Business Invoice Finance facilities generates funding against the sales ledger in much the same way as factoring.
With considerable experience in the Sales Ledger Finance industry, and links with most of the sales ledger finance providers in the UK, Sterling Capital reserve are able to find the right facilities for our clients. Choosing the right facility and the right factor for your business can be a daunting and time consuming task. |
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UK Business Invoice Finance facilities generates funding against the sales ledger in much the same way as factoring. The main difference is that the company retains responsibility for chasing their own ledger. This type of facility is available to companies that have excellent audit trails, and can demonstrate the ability to collect the debt in-house.
Many companies prefer UK Business invoice finance because it enables them to maintain their existing relationships with their customers, as well as being cheaper in terms of the service charge involved. For those companies who do not wish for their customers to know of a third party involvement, a UK Business Confidential Invoice Discounting facility is the best option.
To complement the UK Business invoice finance facility, a number of funders will also look at other assets within the business with a view to providing additional funding against plant and equipment, property and stock. This Asset Based Lending as it is known, can be particularly useful to fund seasonal stocking requirements, or to provide increased leverage in the short term to effect management buy outs.
UK Business Invoice Finance Service charge: Generally cheaper than factoring because you are managing your own sales ledger, the charge may vary between 0.1% and 1.5% of turnover. A minimum annual charge may be imposed.
UK Business Invoice Finance Discount rate: Ranges between 1.5% and 3% over base, payable only on funds in use.
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Factoring or Invoice Discounting Deal.
Further UK Business services offered by Sales Ledger Finance:
Sterling Capital Reserve are specialists in all forms of UK Business Factoring for helping with UK Business Invoice finance and UK Business Invoice Sales Ledger Finance. This service is split into UK Business Receivable Factoring, UK Business Account Receivable Factoring, UK Business Confidential Factoring and UK Business Debt Factoring.
Sales Ledger Finance also covers UK Business Sales Ledger Finance, UK Business Invoice Discounting, UK Business Receivable Finance and UK Business Invoice Factoring. If dealing with the trade then Sterling offer UK Business Trade Finance
Sterling Capital Reserve also offers associated commercial and business products: Commercial Asset Finance and Commercial Mortgages
UK Business and Commercial Invoice Finance:
UK Business Invoice Finance | UK Commercial Invoice Finance | UK Online Business
Invoice Finance | Poor Credit Commercial Invoice Finance | Adverse Credit Commercial Invoice Finance | Non Status Invoice Finance | Small Business
Invoice Finance | Best Value Commercial Invoice Finance | Bad Credit Commercial Invoice Finance | Competitive Commercial Invoice Finance
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Factoring or Invoice Discounting Deal.
