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invoice finance

Improve your cashflow

  • Invoice finance is a quick and effective way to release cash from unpaid invoices

  • You can access up to 95% of the invoice value 

  • 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

OTHER SERVICES
FActoring
  • Allows access up to 95% of the invoice value.

  • The factoring company provide a full credit control facility.

  • Your customer will receive detailed statements and gentle reminders resulting in more accurate payments being made, speeding up your cashflow.

  • The facility is disclosed, so your customers will be aware you're using a factoring company.

confidential FActoring
  • Allows access up to 95% of the invoice value.

    This is a confidential facility

  • The factoring company provide you with a full credit control facility and your customers do not know of the factoring companies involvement.

  • Your customers will receive detailed statements and gentle reminders, send out as it was done by your company and its confidential.

confidential invoice discounting
  • Allows access up to 95% of the invoice value.

    This is a confidential facility

  • This time you continue to utilise your own credit control department.

  • In this instance, nothing changes and your customers will not be aware of the factoring companies involement.

invoice finance with bad debt protection

Some factoring providers will also offer bad debt protection also known as "non-recourse". If one of your customers fails to pay an undisputed debt or becomes insolvent, the invoice finance company will credit you with the amount of the debt up to the approved credit limit, less any agreed excess.

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.

How invoice finance works

STEP 1 

Provide your products or services to your customer and send them an invoice

STEP 2

Send the invoice details to the invoice finance provider

STEP 3

A percentage of the face value of the invoice is paid to you, usually within 48 hours

STEP 4

When the lender is paid by your customers, you will receive the balance remaining, minus agreed fees

Ready to release your cash?

Frequently asked questions invoice finance

What is invoice finance?


Invoice finance is a way of raising funds; giving you an immediate injection of cash, which could release up to 95% of the invoice value against your unpaid invoices, by the invoice finance provider agreeing to purchase your book debts.




What is invoice factoring?


The factoring company purchases your book debts and will provide a full credit management service. In this service, they will:

  • Talk directly to your customers and send out follow up letters
  • Collect payments
  • Produce monthly statements
  • Allows access up to 95% of the invoice value.
The lender will also provide disclosure in the way of an assignment notice placed upon the invoice.




Who are Alliance Commercial Finance Limited and what do they do?


Alliance Commercial Finance Limited provide bespoke invoice finance, factoring and specialist supplier finance solutions to help businesses fund their working capital.




Why should I choose Alliance Commercial Finance?


We spend the time talking to the directors to establish their requirements and provide them with the best options for their business. This enables a quick and reliable decision, allowing business to progress with as little disruption as possible. We constantly work with our funding partners to make sure we are up to date with current offers and products; which means you get impartial advice and the right product for your requirements. When you work with us, you will benefit from over 20 years' experience in the financial sector. Having worked at director level within the independent, non-bank owned factors, including those owned by merchant banks.




What's the difference between factoring and invoice discounting?


With factoring, you will choose the lender who will collect the payment from your customers, this works best for small to medium sized businsses. Your customers know that you're using factoring but the factoring company will handle the credit control directly and will neogiate terms with customers. Invoice discounting is more straightforward and is used by large and established businesses. Compared to factoring, you will still have access to credit control but your customer will be unaware that you are borrowing against their invoices. With invoice discounting you can avoid a third party (the invoice financier), allowing you to deal directly with your customers.





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