Receivables finance allows you to use your invoices, assets, or credit and debit card receipts (i.e. receivables) as security to raise cash. This alternative finance is also referred to as Asset Based Lending (ABL) or Invoice Finance.
It encompasses facilities such as Invoice Discounting, Factoring, Asset Finance and Retail Finance and each facility comes with many variations. For example, it is possible to have some facilities provided confidentially, with or without credit control, to have funding for contractual debt, or even single invoice factoring (spot factoring).
With so many variations on offer it can be difficult to find the receivables finance facility that really matches your requirements. Why not allow us to help guide you through the maze – call Cashflow Finance, on 0845 180 1188 or complete the Contact us form. We work closely with the invoice finance market and know who can provide you with the facilities you need.