Factoring in Nottinghamshire

Here at Alliance Commercial Finance Ltd we help Nottinghamshire businesses improve their cashflow, by providing invoice finance and factoring solutions. Working with our finance partners, we help to bridge the funding gap and can provide businesses with invoice finance solutions that meet their day-to-day cash-flow demands.

 

  • 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 bills, wages and other key operating expenses
  • You can retain the credit control management and also have a confidential facility
  • All facilities are operated online making the account run smoothly.

 

Over the years Alliance Commercial Finance have worked alongside many businesses within Nottinghamshire including those within the Manufacturing, engineering and fabrication sector. Provided you are selling a product or service with payment terms of 30 days or more we could help your bridge the cash flow gap within your business.

 

Factoring in Nottinghamshire  

Factoring is the most frequently used form of invoice finance. It is a form of working capital finance that often surpasses the amount cash typically offered through traditional bank lending.

Factoring gives you direct access to cash tied up in your unpaid invoices; this could be as much as 90% against the gross value of each invoice outstanding. Using an Invoice finance facility means you don’t have to wait up to 90 days for your customers to pay. This solution provides your business with the cash to pay suppliers, wages or bills.

The factoring company will take over your sales ledger management, providing a credit control and payment collections service, leaving you with more time to concentrate on your business.

A confidential invoice discounting facility ensures that your customers do not know that you are using an invoice finance facility. You retain your credit control functions and collection of the payments and the invoice finance provider will look to advance up to 90% against the gross value of each invoice. 

If you are a Nottinghamshire business currently using a factoring or an invoice discounting facility but feel you’re paying too much, or you are considering using a facility for the first time, contact Alliance Commercial Finance today.

We’re your local invoice finance broker, with access to over 25 different providers to give you the best choice for your business.

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