There are a variety of providers who will consider funding against a single invoice
Factoring and Invoice Discounting is an extremely flexible form of finance, which grows in line with the growth of the business. As you grow so does your cashflow facility.
Factoring and Invoice Discounting is a brilliant alternative to traditional director’s loans or overdraft funding. Factoring and Invoice Discounting will give an immediate cash injection against the value of outstanding invoices, then an advance against the value of new invoices as they are raised.
The flexible nature of factoring and invoice discounting means you can borrow more as turnover increases without having to renegotiate with your bank. There are a variety of providers who will consider funding against a single invoice as a one-off transaction, through to full debtor book facilities.
Suitable for a wide range of industries including haulage, recruitment, manufacturing, distribution, service providers, engineering, export, franchises and the construction industry.
A Factoring or Invoice Discounting facility can also give you access to add-on products such as Asset finance, Stock finance, Trade finance and other structured finance options to consolidate funding needs.
Asset Finance allows a company to purchase an asset and pay for it over an agreed timescale, on a fixed monthly payment. This tax efficient way releases working capital and allows businesses to grow and expand. The revenue which the asset brings in can then be used to service the loan.
Asset finance is available on almost all business assets, both old and new, valued from £5k up to £25m. Up to 100% of the value of the asset is available in some circumstances.
A range of options offer a flexible funding solution for small to medium sized companies, including new-starts and even loss-making companies across a spread of industries.
With many flexible, low deposit options available this can give you the control over your budgets through fixed monthly payments, with rentals and lease periods tailored to suit your needs.
Take advantage of the benefits of ownership without actually owning or having to worry about disposing of the vehicle at the end of the period. Interest paid can be a trading expense, and so is deductible from taxable profits. You can also claim capital allowances.
We can also arrange finance for non-status and sub-prime (CCJ’s, arrears etc) applicants as well as those with healthy credit histories, whether you need one vehicle or a whole fleet!
If a business has to carry stock which becomes a burden on cash-flow, stock finance can release some funds whilst you retain full control of your stock.
BBS Finance Ltd is a registered company in England & Wales under reference 14495335.
BBS Finance Ltd is authorised and regulated by the financial conduct authority.
BBS Finance Limited is entered on the Financial Services register (www.Fca.Org.Uk/register) under reference 1002036.
We are a credit broker not a lender.
