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this short enquiry form or call us on 0845 862 0675.
this short enquiry form or call us on 0845 862 0675.
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- 28/08/2008
Bad debts are rising like never before and companies are increasingly becoming aware that factoring offers an insurance against their customers failing to pay for goods and services provided.�
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- 24/08/2008
Research by Lloyds TSB shows that a growing number of UK firms are experiencing cashflow problems when they trade with companies on the continent. Many European companies have far longer payment terms than their UK counterparts. UK companies should think seriously about using a factoring or invoice discounting service to mitigate potential cashflow problems.�
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Research from the Federation of Small Businesses (FSB) shows that small businesses are becoming increasingly reliant on factoring and invoice discounting services to copy with the cashflow pressure caused by larger companies not paying promptly.�
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- 13/08/2008
There are many obvious advantages to factoring, especially in the current economic climate when control of cash must take priority. However, it's important to weigh up the pros and cons in order to decide whether factoring is the right solution for your organisation.�
[more]
- 04/08/2008
Factoring and invoice discounting are providing solutions for cash-strapped businesses that are struggling to collect money owed to them in the wake of the credit crunch.�
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- 25/07/2008
As new figures show that business failures are on the rise, protecting cashflow must be a priority for businesses.�
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- 18/07/2008
It's not always easy to determine which factoring company will suit the needs of your business. Fundamentally, there's a common principle amongst them, in that they enable your business to draw against your invoices straightaway and hand credit control over to somebody else.�
[more]
- 11/07/2008
Finance provider Coface has recently announced that factoring will be their main source of growth over the next five years. The company is predicting double digit growth by 2013, and aims to offer factoring progressively in all the countries currently covered by its other three businesses: credit insurance, receivables and information management.�
[more]
- 07/07/2008
As many business sectors are tightening their belts in the wake of the credit crunch, the invoice discounting industry is enjoying roaring trade.�
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Fortis Commercial Finance has conducted a survey of UK midmarket businesses to find out whether they felt able to compete effectively with companies based elsewhere in Europe. The survey also aimed to discover whether UK companies felt that late payment by overseas customers was causing cash flow problems.�
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