Start Up Businesses

  • Factoring or Invoice Finance 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 start up costs and expenses 
  • You can retain the credit control management and also have a confidential facility
  • All facilities are operated online making the account run smoothly

 

A high percentage of start-up businesses encounter significant cash flow problems in the early years of operation. There is a limited choice of funding available for young businesses, the cash will be used for expansion and meet day to day cash flow becomes difficult. Therefore, a business in their early stages must look at alternative forms of lending such as factoring or confidential invoice discounting to bridge this gap. 

Many start-up businesses are backed by personal savings and contributions from friends and family. However there comes a point for most new businesses when more funding is needed to grow, you may have tried to obtain additional funding through an overdraft from the bank, but you do not have sufficient security to offer, factoring can help. 

Alliance Commercial Finance specialise in helping young businesses get the cash flow they need and have helped many achieve success over a number of years due to understanding the challenges that maybe faced each day.

Factoring or confidential invoice discounting can help fill this gap for a young business in its early stages of development. Your business sells their invoices to the factoring company, who will provide up to 90% of the cash tied up in their 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 or a confidential factoring facility.

In today's testing economic climate, a small business needs all the help they can get to survive and prosper. With an influx of cash and the possibility of a regular cash flow through a factoring facility you will be able to overcome potential cash flow problems and will be armed to outlive the competition.

 

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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