Is your businesses cashflow under pressure? 

 

Healthy cashflow is a key determinant of a successful business, and factoring and invoice discounting are useful cashflow tools to help achieve this.

 

In simple terms these facilities allow you to borrow against invoices that you raise to your business customers today, typically drawing down between 80 to 90% of the invoice amount, helping you access funds much quicker than waiting for your customers to pay. 

 

When you customer does then pay you also receive the remaining element of the invoice, less the charges for the facility.

 

Many banks are encouraging their clients to switch from overdraft to factoring or invoice discounting and there are many independent factoring companies also able to assist the savvy business owner.

 

MacManus Asset Finance has links to over half a dozen factoring firms and work with these to identify those that fit best with our clients to bring the most effective provider together with our clients.

 

Our position allows us the flexibility to channel options from multiple providers to ensure a good spread of options and ease of price comparison.

 

Wherever you are in the UK, our network of industry contacts allows us to identify partners who are local to you and can provide you with a thorough explanation and assessment of your options.     

 

If you feel that your cashflow could do with a boost ask us about factoring and email us at enquiries@macmanusassetfinance.co.uk or call us on 0845 3300 455.