What are the benefits of selective invoice discounting?
Selective invoice discounting is a means by which a company can finance its operations by receiving cash in the form of a loan from an unpaid invoice. A finance provider will lend the company a percentage of the value of the invoice for a fee. The company can then have access to cash from its […]
How does asset leasing work?
Asset leasing is essentially an alternative to purchasing an item. If a business needs a particular piece of equipment or machinery or use of a vehicle, their first instinct might be to buy it. However, this alternative strategy involves hiring (leasing) the item for a limited period of time instead. During the lease period, the […]
What are the drawbacks of a drawdown facility?
Using a drawdown facility, you can take out additional loans with minimal paperwork and in a rapid, hassle-free manner. They are non-conventional business loans that can be restructured at any time. A ‘drawdown’ is a term used in finance to describe a period of time during which a credit line can be used. From lender […]
What are the benefits of selective invoice finance?
A traditional invoice finance arrangement would normally involve outsourcing your entire charging process to the finance provider, so the provider would lend you money against every one of your invoices and would maybe also chase up payment on these invoices on your behalf where necessary. However, some providers allow for ‘selective invoice finance’. Here, you […]
What is an “asset refinance facility”?
Asset refinance allows a business to raise funds against assets that it already owns. A finance provider purchases the asset from the business and lends a sum of money to the business in return. This type of funding is available for a wide range of business assets, including vehicles, property, tools, IT equipment, and other […]
