We've spent years growing - as people and as a business - with the commercial finance arena. We know its pitfalls, its problems. But we also know the ultimate joy that can only come with negotiating.
There are many reasons one would choose to invest in property rather than just save. In this brief overview, we’ll look at the pros and cons of property investment. Moreover, at some of the vehicles you can use to turn bricks...
Even the simplest of business models have assets. From a window cleaner with ladders and a bucket to Apple and its thousands of computers, tools of the trade often define a brand.
Every commercial development project is unique. As such, tailoring finance to fund the project should also reflect that project’s intricacies. Our focus for and on clients and their project’s cash flow allows them to sweat that small stuff.
Deciding which is the best way to buy your vehicle can get confusing. Whether you’re a private buyer or looking for the right deal for your business, there are so many options!
Bridging finance, in itself, is a short term loan secured against assets to fund a larger project. They’re often taken over a period of a year or less and used as a kickstarter to get the project off the...
Non-bank finance is a way to borrow when traditional lending institutions aren't an option. You may have already leveraged your assets or going through a down turn in business that does little to establish a trustworthy credit file.
Invoice Discounting | Free Your Cashflow from Tied Up Funds
Cashflow is a very real problem for the UK small business owner. Invoice discounting is a genuine solution, especially if you need a quick release of tied up funds.
When you're starting out in business especially, you're beholden to customer’s payment terms. Unlike elsewhere across the globe, 60 or even 90 days is becoming standard practise for larger clients.
In truth, waiting the traditional 30 days is too long for many cash-strapped start-ups. All that hard work with little short-term reward can deflate even the most enthusiastic entrepreneur.
What if you could release the largest part of those funds before they became due?
What price would you put on receiving the majority of your outstanding invoice value in *48 hours?
Well, that's what invoice discounting does. It leaves you to focus on providing your goods or service. Meanwhile, you hand over the responsibility of payment to a lender, or 'discounter'.
How it works
The discounter will release a percentage of the original invoice value to you. The typical turnaround is 48 hours from receipt, but it can differ from lender to lender.
When the lender receives the payment from your customer,they'll forward the balance of the outstanding amount to your nominated bank account. Only on release of that balance will most lenders deduct their fee, giving you the bulk up front.
Our role is to align you with the most competitive lender, or discounter, based on your circumstances. Different lenders have differing payment structures and commission levels; there is no one-size-fits-all.
If you approach your bank, they’re tied to the products they offer. These may not be the most appropriate for your business or cashflow. So a whole-of-market approach can benefit your business in a whole host of ways.
That’s why we discuss your requirement with you in depth to fully understand what you need. We then approach lenders with whom we have strong relationships to secure you the best invoice discounting rate available for you.
Is Invoice Discounting the same as factoring?
It is a similar process to factoring. The basic difference is that you stay in control of collecting the cash with invoice discounting.
If you'd prefer someone else to take over that responsibility, we can arrange that for you.
Either way, your funds will be paid into the nominee bank account.And, of course, any Confidential Invoice Discountingwill be honoured, if applicable.
And that's the Belgravia Finance difference. We understand the importance of relationships in business, especially the early days.
All businesses are different. If you could do with more time and a more fluid cash flow, talk to us. We want you to succeed without wondering if there's enough in the kitty to pay your own bills.
Invoice discounting is the secret to unlocking prosperity for so many small businesses. If your cashflow needs liberating, talk to us about improving your fluidity.
Read less
