Haulage & transport
Improve your cashflow
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Factoring or invoice finance is a quick and effective way to release cash from unpaid invoices.
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Access up to 95% of the gross value of each invoice.
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Helps maintain a regular cashflow and enables you to meet start up costs and expenses.
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You can retain the credit control management and also have a confidential facility.
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All facilities are operated online making the account run smoothly.
OUR FUNDERS
do you need funding for your start up business?
Few industries face as many variables such as the transport and logistics industry. Regardless of the turnover for a business in this area, the priority is to keep their fleet on the road and moving, making sure that driver’s wages, hire purchase, lease payments and fuel bills are all paid on time.
Volatile fuel costs, combined with the variations in exchange rates and an economy struggling to better its import and export ratios, competition from European transport companies make operating a profitable business increasingly difficult. In such a challenging climate, many hauliers are focussed on maintaining an operation that is successful and profitable. Unexpected repairs and keeping up with regulation can turn a small profit in to a loss and have an adverse effect on the company. In order to help ease this, cash flow is important and this is where haulage Factoring can help.
how invoice finance can help you
Make Payments on Time
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Invoice finance can ensure that drivers can be paid, vehicles can be re-fuelled and the movement of goods throughout the UK or beyond can continue
Access 90% of Invoice Early
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Factoring or confidential invoice discounting can help your business, you will sell invoices to a factoring company that will provide up to 90% of the cash that is tied up
Keep the fleet moving​
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The main priority is to keep the fleet and making sure that the drivers wages, lease payments and fuel bills are paid on time, this is possible through invoice finance
Concentrate on your Business​
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A factoring company can chase for payments, allowing you to focus on your business. However, if you choose confidential factoring, you will remain in control
We're Here to Help You
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Alliance Commercial Finance specialises in the transport and logistics industry and understands the challenges you may face, we want to work with you to achieve a steady stream of working capital
01789 761374
Factoring for the construction industry
Alliance Commercial Finance helps businesses within the construction industry maximise their cash flow, by providing invoice finance and factoring solutions.
Construction factoring
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Funding secured against existing and future contracts, JCT contracts will be considered
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Up to 75% can be made available against each invoice or application submitted
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Funding against applications and staged payments
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Confidential factoring facilities can be provided
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All accounts are online making the funding process quicker
We understand that being involved in the construction industry can be like a rollercoaster ride; one minute you have no work, the next you have so much your scratching you head wondering how you will fund it. No working capital can often mean long delays in the payment chain triggering cash flow problems.
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Here at Alliance Commercial Finance, we can help. Over the last few years there has been an increase in the number of lenders willing to support those businesses who are working within the construction industry or who have to work with lengthy contracts.
factoring for the construction industry
Construction factoring, enables contractors of all sizes to maintain a credit facility secured against the contracts, allowing you to continue working on existing projects, allowing you to pay contractors and suppliers on time whilst helping you plan for future work.
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Most of the factoring providers will work alongside a quantity surveyor who will review the contracts you have and suggest a suitable level of funding against each contract, this can range from 25%- 75% depending on the complexity of the contract, what type of work is being undertaken and the terms and conditions within the contract itself.
Structured staged payments or ‘Applications for Payments’ will be considered for funding, instead of having to wait for the payment to arrive, funding the application will provide you with an immediate cash flow solution to help towards materials and operating costs to allow the completion of the contracts on time.
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Most factoring facilities for construction will be confidential and allows your company to retain its credit control function, for example; you will still be sending out your own statements and carrying out your own credit management, a particular advantage if you wish the facility to remain truly confidential.
So, let Alliance Commercial Finance search the market place on your behalf at no cost to you. Contact us on 01789 761 374 and speak to an advisor today or alternatively fill in our quick quote form for a call back.