Looking to factor your invoices for immediate cash
It can be tough to get financing when you own a business.
Running your own business can be stressful enough without the worry of cash flow.
Traditional funding, such as bank overdrafts and loans, are often too inflexible to cope with the cash flow demands of a growing business.
Banks also want a track record of sales and profits…..A new or a fast-growing business with few assets usually doesn't have the ability to generate the required cash flow to grow quickly.
With growing sales comes uneven cash flow …..As a result many businesses do not get a big enough bank overdraft to bridge the gap between customer deposits and business cash payments.
With the need to renegotiate with your bank as cash credit limits are quickly exceeded your valuable time can be tie up continually preparing bank applications seeking further cash to fund growth ….this has a cost in bank fees and your time.
This can be avoided by using Competitive Factoring.
You can be part of the successful business trend that turns your cash locked up in debtor invoicing into “immediate cash” by using Competitive Factoring and therefore secure urgent cash needed in your business for:
- Urgent Suppliers payments
- Wages, Holiday pay and Drawings
- GST, PAYE and Tax Payments
- Seasonal peaks and troughs
- Take advantage of prompt payment discounts
- Reduce your overdraft and reliance on the bank
Competitive Factoring avoids the cash flow problems common to many businesses that are cash and asset poor but have cash locked up in debtor invoicing.
The available factor funds grow in line with your sales you factor without taking on debt.
No more  Surprises for payment demands
The major advantage of Competitive Factoring is that it gives you immediate cash on a regular basis in order to meet your everyday business cash needs.
Competitive Factoring is a great financing alternative that doesn't involve any personal guarantees or pledges of personal assets as security.
Remember … Our rates are competitive.
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