Bridging the gap between customers settling invoices and payments being made to suppliers has caused problems to business for many years. Extending credit is an essential part of any business, but in order to grow a business and make cash flow more stable, invoice finance is an essential tool. Tandem Invoice Finance offers a professional invoice factoring service that can be tailored to your business needs.

How will factoring help my company?

Factoring and Invoice Discounting as forms of business finance have seen significant growth in recent years. The reasons are in some part are due to the apatite of lenders granting business loans or overdrafts to SMEs. But it’s becoming clear that factoring is offering real value to businesses who live or die on their cash flow.

Tandem Invoice Finance has significant experience in this sector providing factoring to SMEs from all business sectors. We have built a strong client base and excellent relationships across the whole UK and European Factoring & Invoice discounting sector with providers of factoring, invoice discounting, asset and stock finance. Tandems’ clients can thus access both our own selective invoice discounting and business finance services, and the products of our partner providers.

Advantages of Factoring:

• Improve your cash position
  • A client can typically raise up to 90% of the value of its unpaid invoices within 48 hours making more working capital available for investment.
  • Cash is released as soon as invoices are raised.
• Reduce the time it takes your customers to settle invoices
  • With a factoring facility the factor not only provides ongoing funding against outstanding debtors, but also provides a credit management service to help avoid the cash flow restrictions of ageing debt .
• Low cost.
  • There are many factoring companies so pricing is competitive, but knowing which
  • funders offer the right mix between cost and service is something we offer at
  • Tandem Invoice Finance.
• Protect from bad debt
  • Non-recourse factoring will protect you from bad debt. The factoring company will take the risk of your customers not paying
• From start-ups to PLCs
  • Tandem Invoice Finance can offer factoring services to the whole spectrum from start-ups to the largest PLCs.
• Spend time growing your business
  • Outsourcing your sales ledger can be a cost-effective way to releasing time from key
  • employees so they can spend it on growing the business
• Improving cash flow forecasting
  • Factoring replaces the debtor book with cash making financial planning and cash
  • flow forecasting more accurate and much more efficient
• Understand your customers
  • Some factors can help you mitigate the risk of bad debt by helping you understand the credit position of your customers.

What next?

• Contact us for more information on our business finance services and products
• Call us now for a quotation on 0845 6188 515
• Find out more about our selective invoice finance services
• Read more about import and export finance services