Cash flow problems can be found in any industry, and manufacturing businesses are no exception. Often affected by seasonal changes, manufacturers can sometimes struggle to maintain a healthy cash flow during quieter periods. There are several invoice finance facilities that can meet your manufacturing business needs.
Our factoring service can really take the weight off your shoulders, not only financially, but also in terms of time and energy. We’ll buy your unpaid invoices from you and will give you a high percentage of their cost straight away. We’ll manage your sales ledger and will collect the money from your customers ourselves.
If you’d prefer to manage your credit control yourself, our invoice discounting option may be more suitable. Invoice discounting lets you control your ledger and payment collections yourself, but we’ll still do the most important part and release the money that you need.
The assets that you own - such as computers and machinery – can prove invaluable when funding yourself through seasonal changes. With asset based lending we’ll lend you the funds you need against the value of the asset.
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