Invoice Finance
There are various forms of Invoice Finance which include, factoring, invoice discounting, invoice factoring and debt factoring.
This type of funding allows you to accelerate cashflow by freeing up working capital that is tied up in unpaid invoices (debtors).
Invoice finance allows you to release up to 85% of the value of the invoice, typically within 24 hours of the invoice being issued, allowing you to put the cash where it is needed most.
The remaining 15% is paid to you, less a small service fee, once the invoice has been settled by your customer. This means your business has access to an ongoing supply of cash linked to your sales. So as your business grows so does the amount of funding available to you.
At Bedrock Business Finance we have excellent relationships with all the invoice finance and factoring providers and can put you in touch with the companies that meet your business requirements.
For more information on our Invoice Finance products please click here to get a quote or give us a call on 01803 217917.
