Debtor Finance
For companies looking to release the money tied up in their sales ledger to fund business growth, or just meet day to day obligations.
Debtor financing boosts your cash flow by providing an immediate injection of cash into your business against the value of your outstanding invoices. The cash injection can release pressure on overdraft facilities and allow your business to grow.
The facility can be made available to all sizes of companies from start up operations to well established entities. Within the debtor book there should be a spread of debtors with the goods or services being sold on normal credit terms and no stage payments.
Benefits of debtor financing
- Provides access to an ongoing supply of cash linked to your sales so as your business grows so does the amount of funding available to you.
- Simplifies the administration of your sales ledger with the financing company preparing and sending out statements, telephoning all your customers, collecting payments for you and maintaining professional and detailed accounts of your transactions
- Results in a significant reduction in debtor days and improvement in cash flow, valuable management time can be spent driving the business forward.
- Improved profitability as you can pay suppliers earlier, buy in larger quantities and take advantage of any volume discounts.
- Allows you to free up assets that may have been previously held as security and enable additional lending opportunities to fund other projects.
By using debtor finance in your business, we can demonstrate how it will provide immediate cash flow benefits to help you grow your business.
