INVOICE FINANCE FOR MANUFACTURING
Cash flow in manufacturing businesses can be a big problem, largely down to long payment terms of up to 60 days coupled with some payments from customers taking longer. Invoice finance can offer relief to poor cash flow, rather than wait up to 120 days for customers to pay, invoice finance can release up to 90% of the value of an unpaid invoice and typically within 48 hours.
Invoice finance for manufacturing businesses provides a welcomed solution to cash flow problems, with a cash injection allowing the business to make payments and continue to grow.
The UK manufacturing sector although mostly made up of small and medium sized businesses, accounts for over 200 billion pounds worth of exports and employs over 2 million people. Many of these small to medium sizes manufacturing businesses can face financial difficulties on a daily basis. Invoice finance for manufacturing offers a proven solution to the most common cash flow problems.
Alliance Commercial Finance work with many different manufacturing businesses across the UK helping them find the correct invoice finance facility to ensure their business runs smoothly.
We understand the challenges faced within the manufacturing industry and not just those directly related to cash flow. Many manufacturing businesses face competition from overseas, making sure they keep up with technologic advances and struggle to find appropriately skilled employees.
Although invoice finance cannot solve all problems faced within the manufacturing industry it can certainly improve cash flow through tailored invoice finance solutions.
Please contact us today, to see how we could help your manufacturing business through invoice finance.