Companies use invoice factoring as a method of reducing cash flow problems by accessing money against sums owed on sales invoices. Factoring enables cash to be accessed very quickly, often within 24-hours and is a viable alternative to a company having to increase its overdraft or take out a bank loan. Invoice factoring is offered […]

Invoice financing, whether in the form of invoice discounting or invoice factoring, is a way of increasing a company’s cash flow without incurring more debt. Rather than being forced to extend an overdraft or arrange a loan, both of which are likely to involve significant rates of interest, a company can instead arrange to have […]

Invoice factoring and invoice discounting are ways for a company to raise much needed cash against unpaid invoices. This method of raising finance, provided by brokers such as Touch Financial provides a viable alternative to a company having to extend its overdraft or seek a bank loan in a bid to maintain its cash flow. […]

Three parties are involved in the factoring process: the business owner (you); a broker (such as Touch Financial); and a third party (either an open group or specific, targeted buyers). A factoring broker will provide a bridge between your business and the company that will buy your outstanding invoices, or accounts receivable.  Factoring provides you […]

You may find it easier to release cash from your invoices than you think.  A factoring broker, such as Touch Financial, enables businesses to outsource their invoicing responsibilities, taking the pressure off the business owner so that he or she is able to focus on more pressing matters. The factoring process is a fairly simple […]

30
Apr
stored in: Business Finance, Factoring and tagged:

Factoring is a variant of invoice finance gaining popularity owing to its flexibility and simplicity of borrowing.  Factoring is borrowing against assets in the sales ledger, but unlike a loan there is no lump sum requiring settlement over time.  Factoring will release up to 95% of cash tied up in unpaid invoices, often within 24 […]

In the modern economic climate, every firm is looking to save money where they can.  If you are currently taking advantage of invoice financing services from a firm like Touch Financial, then there are a number of ways in which this service can help reduce your costs.  Keep reading for more information on invoice factoring […]

Anyone looking for information on invoice factoring and discounting should know that the main role of these two forms of invoice finance is to release cash from unpaid invoices.  The most essential aspect regarding invoice finance, however, is that it provides an effective financing solution for four major industries, such as wholesale distribution, recruiting, manufacturing […]

15
Mar
stored in: Factoring, Invoice Finance and tagged:

One of the primary objectives of any company should be to have a cash flow that is constant and in credit.  Companies use cash to buy materials, pay employees and pay shareholders, while customers pay for the company’s products or services in cash. This cash flow cycle is vital for the success of a company. […]

Like all aspects of business finance, it is by no means simple getting your company involved with a lender.  Any company that offers an invoice financing service will want to ensure that it is worth them getting involved.  Fortunately, there are ways that you can set up your finances to ensure that you are the […]