Page 31 - BOSS Today Issue 6

BUSINESS ADVICE

REVIEW

YOUR DEBTOR FINANCE FACILITIES

A free service that could save you time and money

raditionally, businesses business expenses and to highly experienced in factoring, in this sector and understand
funded working capital pursue new opportunities. invoice discounting and asset- it inside out. We will guide you
Tthrough bank overdrafts. Financing invoices can help based lending and have access through this maze, saving you
For a variety of reasons however, companies improve their cash to all lenders in this market. time and money. So whether
invoice finance has now flow by providing working After a professional assessment, you are unhappy with your
overtaken that route. The latest capital to pay suppliers, their brokerage team can place current provider or are looking
statistics reveal that invoice employees, rent and other you with the most appropriate at debtor finance for the first
finance is the preferred method expenses. However, the biggest lender. This not only saves you time, talk to us now and see how
for over 40,000 businesses, with advantage of financing your the effort of trawling through we could help your business’s
debts worth £195 billion being invoices is that it eliminates the endless salespeople only able cashflow.
factored in the last 12 months to uncertainty of waiting to get to sell you their services, but the
March 2010. paid. It provides predictable cash team can negotiate preferential n FOR A FREE REVIEW OF
Invoice financing offers a flow and stability. Also, invoice terms and conditions from these YOUR DEBTOR FINANCE
simple solution to the late financing is easier to obtain than lenders on your behalf. FACILITIES, PLEASE CONTACT
payment problem. It eliminates other forms of financing. There are more than 60 STEVE WALKER, BOSS
the payment wait by providing lenders in this sector, each COMMERCIAL PRODUCTS
you with an advance on Who to use? offering a range of facilities with MANAGER ON 01626 526050,
your slow paying invoices. BTG Commercial Finance is a range of terms and conditions 07801 981 326 or
The working capital infusion a division of Begbies Traynor (as well as their own jargon). BTG steve.walker@bpif.org.uk
provides immediate funds that Group, a specialist professional Commercial Finance has a team
can be used to pay current services consultancy. They are of experts who have all worked

December 2010 | BOSS TODAY 31

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