INVOICE FINANCE
Managing cash flow can be a challenge for many businesses, Zone Commercial have a variety of options that could provide the ideal solution for you . Banks can be reluctant to support requirements for increased overdraft facilities to fund business growth. If you are struggling with cash flow an invoice finance facility will bridge the funding gap between an invoice being raised and getting paid.
We have vast experience in arranging invoice finance facilities for our clients and really understand the market, this means that we are able to source not only the most appropriate package at the best rates, but to do so quickly. In some cases we have raised funds within a week.
Factoring is a very flexible and effective finance solution for your business. A lender will advance up to 90% of your outstanding invoices without having to wait for their payment. The lender will chase and collect payment for invoices, keeping your sales ledger up to date and freeing up your time to focus on your business.
If you have an in-house accounts team, or would simply prefer to chase and collect outstanding invoices yourself, Invoice Discounting is a similarly effective finance solution which allows you to retain complete control over the invoice collection, whilst still receiving the advance from the lender to improve your cash flow.
We have access to a range of Confidential Invoice Discounting facilities, the finance provider releases funds against invoices as above. They will also chase and collect outstanding invoices - but they do so in the name of your business so your customers don't even know that you are using the service.
Construction Finance is a specialist facility tailored specifically for the construction industry. It offers a cash advance against outstanding billing, helping to bridge the gap between raising bills or applications for payment and getting paid. Funding is available against uncertified applications for payment.
Bad debt can be devastating for a business of any size. We are able to arrange Bad Debt Protection with any of the above facilities, to safeguard your business in the event that one of your customers can't pay you.
If you would like to find out more, or if you already have an invoice finance facility and wish for us to review your current arrangements to ensure that you have the best package, please call us on 0161 241 2970 or complete the enquiry form below!