The basis of this type of finance is to gain immediate access to money you are owed. Keeping control of your cash flow can be very difficult if you have a number of customers who pay late every month.
You don’t want to lose that customer but you understand that having the cash in your account gives you the freedom to plan for new purchases, keeping equipment up to date as well as negotiating better terms with your suppliers as you are then able to pay them quicker.
With the banks cutting back on overdraft facilities or even cutting them all together this is an alternative flexible way of maintaining a good cash flow. We have a number of blue-chip companies we can introduce you to as well as a couple of smaller independent companies with much more flexibility and their own in house underwriting team.