Commercial Factoring and Invoice Discounting
Why use Money Solutions Uk for commercial factoring?
Finding the right commercial factoring and invoice discounting solutions for your business can be a time consuming and sometimes daunting task. fristvoip has partnered up with the largest independent factoring and invoice discounting provider in the UK. We want to make it easy and can provide a range of simple walkthroughs which will guide you through the products and services available and explain how they can help your business realise its full potential.
You can use factoring to get your money in to your business quickly and also to avoid the hassle of collecting bad debt.
Factoring and invoice discounting will smooth your cash flow and ensure you don't get any nasty surprises. By borrowing money secured on your business debt you are also safeguarding your supplier relationships by ensuring they also get paid as quickly as you do
Trade finance helps businesses who trade with overseas businesses to get the materials or goods they need without tying up their own capital or cashflow and instead using a letter of credit, securing funding against a pending order. There are different versions of trade finance available so we endorse speaking to an industry expert before finalising your trade finance requirements.
The range of commercial factoring solutions include...
• Factoring
A flexible funding and comprehensive collections service that frees up your time so you can concentrate on running your business rather than chasing invoices.
• Invoice Discounting
A funding package that's ideal if you don’t wish to outsource this service to an Invoice Finance provider.
• Export Factoring
A specialist funding and collections service for those involved in exporting.
• Trade Finance
Providing importers with upfront funding for confirmed orders.
• New Start Business Finance
Fast Track can help make your business plans a reality.
• Construction Finance
Supporting the construction industry with its funding, collections and bad debt solutions.
• Recruitment Finance
Helping UK recruiters with their invoicing, funding, collections and payroll needs.
• Bodyshop Finance
Helping bodyshops with all their funding needs.
For further information, please call 0116 229 8187, email info@fristvoip.co.uk or complete our enquiry form below and we'll call you back to discuss your requirements in more detail.
Commercial factoring or invoice discounting can help you to release up to 90% of your money tied up in outstanding invoices. Our partners ensure a personal approach to lending and can taylor the service to meet your needs.
Invoice financing means you are effectively outsourcing your credit control operation. The cashflow injection can be used to reinvest in your business, for equipment or advertising for example. Ultimately factoring and invoice discounting means you can rely on your invoices being paid and avoid the issue of late payment and overdue accounts impacting on your cash flow.
