Invoice finance allows funds to be drawn against invoices as they are raised, not when your customer pays you.
More About Our Invoice Finance Service
Unlike traditional bank overdrafts, invoice finance facilities actually grow as your turnover increases, which mean they are suitable for both start-up and growing businesses.
We specialise in various types of invoice finance and can help you decide which one may be most suitable for you and your business:
Invoice Factoring: Use your existing debtor book to provide working capital. Your customers will be aware of the lender’s involvement and the lender will operate your credit control on behalf of your company
Invoice discounting: If you already have a solid financial system in place then invoice discounting can confidentially provide working capital against your invoices without the need for the lender to operate your credit control. This means that your customers will not be aware of your chosen funding method
CHOCCS: You maintain the relationship with your customer and manage your own credit control. However the lender’s involvement is not confidential in this process
Payroll finance: This is for recruitment companies who place temporary and/or permanent staff. We have lenders who can release cash whilst paying the temporary staff, and handle credit control whilst maintaining payments to HMRC
Trade finance: We can provide a comprehensive funding package for UK importers who require up-front funding against secured orders. This can be used in conjunction with other invoice finance facilities
A flexible cash facility that will grow with your business
Credit control and debtor protection options available
Business finances itself using its own assets
Can release up to 90 per cent of your unpaid invoice
Recourse periods now up to 120 days
Cost effective alternative to a bank overdraft
Can provide assistance with ‘phoenix’ companies or turnaround situations
Can be operated under total confidentiality
Why Choose Us?
As a client of Aston Shaw, you’ll benefit from unlimited advice and support – those things come as standard. We also offer:
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