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What will be in next yearís budget and what it will mean for your business?

Unfortunately, like everyone else, we donít know what the next year will bring and how our business will be affected Ė In fact, who can be absolutely sure what next month will bring? And as far as the budget is concerned, we probably still have to wait and see what the full implications of the last one are despite what we are told!

So, given that uncertainty why would you want to commit your business today to a funding arrangement that you would still have to work with in 2015 or 2016?

Invoice finance is sometimes seen as requiring that sort of commitment but that is not the case.

Whilst, ensuring that both your business’s present needs and plans for growth are taken into account is vital, so is ensuring that funding arrangements support the plans for your business and don’t determine what you can or cannot do…

Invoice Finance contracts, by their nature, have in-built flexibility, but even with that they donít have to require a 2 or 3 years commitment Ė Deals for just 1 year may not be the most popular with the factoring companies, but they are available.

This type of funding may be the most effective solution to your present cashflow needs whilst still allowing you the flexibility to deal with the future, whatever that may be.

The main benefits of Invoice Finance are:

The key, though, is to ensure that the arrangement you make fits your circumstances as they are now, but still provides flexibility because things do change.

Why not call us for a no-charge, no-obligation chat about the options that are available and how these can help your business progress?

Contact

Ian Jones (Head of Business Development) on 0161 438 8555 or 07801 858737, or

Stephen Devonport (Business Development Manager) on 0161 438 8555

OR

email us at enquiries@factoringandinvoicediscounting.co.uk


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