Venture Finance, one of our long established and highly reputable factoring and invoice discounting partners, has rebranded their business as ABN AMRO Commercial Finance. Its sad to see such a well known and respected brand as Venture Finance disappear from the invoice finance market but the rebranding exercise clearly aligns the factoring and invoice discounting arm [...]
We surveyed a sample of businesses (84) that use various forms of invoice finance such as factoring and invoice discounting and we asked them why they thought more businesses use overdraft than invoice finance. These were the answers that they gave: 53.6% thought it was because businesses haven’t heard of invoice finance or don’t know [...]
In an innovative marketing move one of the invoice finance companies has launched a competition for a 150K cashflow facility that is service charge and interest free for 1 year. To enter you must be a director of a company, under 40 years old and within 40 miles of Birmingham. There are only 9 days [...]
My recent article “How to switch customers from overdraft to invoice finance” has just been published by Commercial Finance Today. The article explains the results of our recent research into the reasons for customers using overdrafts and what customers say is needed in order to entice them to switch from overdraft to invoice finance. You [...]
One of our finance partners has just launched a new special offer to appeal to small businesses. 100% funding against your invoices for businesses looking for a funding line of up to £50,000. They will of course make a charge for using the facility but this makes calculating your early payment/initial payment percentage very easy for [...]
Good news, the membership of the UK Invoice Finance Research Group (see Linkedin.com) is now 306 members, having broken through the 300 member mark recently. This is something of an achievement when you consider the size and specialist nature of our sector. If you would like to join our free discussion group please follow this link: http://www.linkedin.com/groups?mostPopular=&gid=3323843
We have posed this question to the UK Invoice Finance Research Group on Linkedin. To give your opinion on whether the UK Invoice Finance market will grow in 2012 please vote here
Please find below a link to my latest article published in Commercial Finance Today – “Do Clients Want Selective Invoice Finance and Auction Sites?” The article explains research findings from research that we have recently conducted with a group of SMEs regarding their views about selective invoice finance and auction sites that can be used [...]
Through our ongoing research we wanted to find out if there was a demand for accessing invoice finance through an online ebay style auction site. Recently there have been some developments in this area with new invoice finance auction sites being launched and as invoice finance brokers we have been asked to introduce business to [...]
One of our funding partners has just launched a new retail sales funding product. The product enables retailers to receive funding against debit card and credit card payments from sales to their customers, bridging the funding gap for the client. For more details please contact Cashflow Acceleration Ltd
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