Printing and Packaging

  • Invoice Finance or Factoring is a quick and effective way to release cash from unpaid invoices
  • Access up to 95% of the gross value of each invoice
  • Helps maintain a regular cash flow and enables you to meet bills, wages and other key operating expenses such as paper and ink suppliers
  • You can retain the credit control management and also have a confidential facility
  • All facilities are operated online making the account run smoothly

 

 

Professionals running printing and packaging businesses will be all too familiar with the pressures involved in getting projects and contracts finished, but this can be at the expense of poor cash flow.

This industry has always suffered from being the last to receive payment and in most cases will have to wait up to 120 days before any invoice is paid, these gaps slow down operations with the business having to covering costs in between getting paid. The problem is particularly exaggerated in the printing and packaging industry, in many cases the paper or cardboard supplies have to be paid up front, as well as covering other costs such as ink and packaging other materials. Printing presses have to be regularly maintained, lease payments are kept up to date, staff wages (including freelancers, who may require payment according to different schedules), all put pressure on cash flow. 

Alliance Commercial Finance specialises in working closely with companies within the printing and packaging industry and we understand the challenges that maybe faced each day.

Factoring or confidential invoice discounting can help fill this gap, your business sells their invoices to the factoring company, who will provide up to 90% of the cash tied up in your outstanding invoices. This money can be made available instantly and will help provide your business with its required cash flow. If you choose a factoring facility you will find the factoring company will chase for payments, leaving you more time to concentrate on your business. However if you wish to retain the credit control and some degree of confidentiality then we can consider finding you a confidential invoice discounting facility.

It may help you negotiate better supplier discounts, or allow you to take on more work and gives you the confidence that staff wages and materials can be paid for.

 

Bad debt protection

Bad debt protection gives peace of mind as it protects your business against the risks of one or more of your customers failing through insolvency or undisputed debt. It is particularly prudent if you are only trading with one or a handful of customers who you rely on for the majority of your turnover.

Also consider using Asset Finance, either via a hire purchase or lease agreement to help spread the cost of any new or used equipment being purchased, or if you are looking to re-finance any existing equipment to fund cash flow we can combine this with a factoring or confidential invoice discounting facility.

Being an independent factoring broker we are not tied to any one lender within the market and you will benefit from our years of experience allowing us to present you with the best options available for your business.

 

Whether you’re starting a new business, already established or if you are looking to improve your current confidential invoice discounting agreement or simply want to improve your cash flow and are unsure which type of invoice finance facility will suit your business, contact us on 01789 761 374 and speak to an advisor today or alternatively fill in our quick quote form for a call back.

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