Effective Sales Ledger Management
Optimise cash flow with sales ledger management. Learn how to successfully manage your sales ledger. Discover how invoice factoring is a solution for effective credit control and improves client relations.
A guide to Recourse Factoring
Recourse factoring falls under the umbrella term of invoice financing. In this blog we will talk you through its key benefits, including credit control and sales ledger management.
For businesses, maintaining a healthy cash flow is paramount to sustainable growth. However, extended customer payment terms can create a significant cash flow gap, hindering the ability to seize opportunities and meet financial obligations. Recourse factoring is a valuable solution, enabling businesses to convert unpaid invoices: into working capital.
Business growth on hold
Can staff retention damage business growth? Discover what can cause employees to leave, expenses that come with high staff turnover, and how to use invoice finance to continue growing your business despite financial strain.
History of Paddock Wood businesses
Join us as we guide you through the history of Paddock Wood businesses. Discover how this settlement came to be, its connection to a famous author, and our story in Paddock Wood.
Funding for business start ups
A guide to alternative funding solutions for start up businesses. Find out challenges start up businesses face, and how to overcome them through an invoice finance facility.
Time to find invoice finance companies South East
Are you taking the time to find invoice finance companies South East? The South East of England is described as “A region of many contrasts, and exciting history”. This area is highly populated, and includes some of the countries most cherished locations, such as: Brighton, Canterbury, and the New Forest. With a dense population, comes the demand for a high number of businesses, and of course an open market for new business adventures.
UK businesses put the brakes on lending
Higher borrowing costs and uncertainty about the UK’s economic future are stirring up the waters of business lending. Throughout 2023, the Bank of England’s agents reported that businesses were not as keen to take out new loans as they had been in previous years. Pricier borrowing and a shaky economic outlook were thought to be the main culprits to the decline in new loans. Interest rates on new loans for small and medium-sized enterprises (SMEs) hit record highs in 2023, according to Bank of England data.
Funding for Business Expansion
Funding for business expansion is often the first thought when expanding a business. Strategic business expansion presents a significant opportunity to solidify your market position and achieve new heights. However, navigating this growth journey can be fraught with unforeseen challenges. Here, we’ll explore some of the most common pitfalls encountered during expansion and provide actionable strategies to mitigate risk and ensure a successful outcome.
Inflation, Insolvency, and Invoice Finance
So far this year we have seen dynamic changes to the UK economy and landscape. In this blog we will be discussing key factors and figures to date, such as inflation and insolvency rates.
To start, we will recap on the changes that came into effect in April 2024:
Costly Business Mistakes
Unfortunately, many business owners make costly mistakes in their first year of starting up that overtime have a negative impact on their business. In 2023, over 900,000 new businesses were incorporated in the UK.
