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Factoring

FACTORING TOUCH FINANCIAL SUPPORT Find the best cashflow solution for your business (M WINNER Factoring is a type of cash flow funding that allows you to receive money from unpaid invoices as soon as they are raised. You can release between 80% to 90% of the cash that is tied to those unpaid invoices. The cash can be made available in as soon as 24 hours after raising an invoice. Business Moneyfacts Awards 2011 How Factoring Works What are the Advantages STEP 1: Invoice your customer for goods sold and send a copy of your invoice to the lender. 1. Contract length to suit your business 2. Award winning and free service invoice COPY 3. Favourable rates and special offers invoice LENDER 4. Jargon free approach YOU Clients without tangible security CUSTOMER STEP 2: Lender gives you 80% to 90% of the value of the invoice. cost as a percentage of working capital 12% for overdraft 13% for invoice finance facility 80%-90% of invoice value LENDER YOU Clients finance wil be ngible security using invoice eto gain fouf times more cashflow STEP 3: The Lender will chase your invoice with your customer. costs include borrowing and typical bank arrangement fees CHASE invoice Clients with tangible security CUSTOMER cost as a percentage of working capital LENDER 10% for overdraft Your custe 100% of the invoice. the Lender STEP 4: 13% for invoice finance facility 2x Clients with tangible security using invoice finance will be able to gain two timés more cashflow vs an overdraft. 100% of invoice costs include borrowing and typical bank arrangement fees CUSTOMER LENDER it should be remembered that these facts assume the business can survive and grow using the restrictive overdraft. STEP 5: The Lender gives you the remaining 10% to 20% of the invoice value minus the charges. Facts & Statistics Businesses using invoice finance facilities benefiť from significant related savings on a number of costly overheads such as postage, stationery and telephone calls. 10% to 20% of invoice value minus charges LENDER YOU How Many Businesses Are Missing Out? There are 1 Million 4.8P the UK Million Small Businesses 21% Don't know they can benefit from using invoice finance How Touch Financial Can Help A TOUCH FINANCIAL SUPPORT Introduce you to the most suitable lender Once we understand your business and how it operates we will short list and recommend two or three lenders best suited to your requirements. Provide ongoing support Our team of experts will keep in regular contact to ensure everything involved in the process is running smoothly. We won't charge you a penny Our expert advice is completely free and there are no hidden fees. Similar to a mortgage broker, we receive commission upon successful introductions. We're partnered with over 20 of the UK's leading lenders who offer the best rates. these lenders include a aldermore noice nance BIBBY Lloyds TSB Commercial Finance Wventure finance Hitachi Capital Close invoice Finance SOURCES http://www.smarta.com/blog/2009/12/10-business-stats-you-may-find-surprising MEMBERS OF : http://www.bytestart.co.uk/content/news/statistics/small-businesses-in-the-ukshtml http://www.statistics.gov.uk/cc/nugget.asp?id=1238 FSB ABFA http://www.fsb.org.uk/stats http://www.qlfs.com/html/invoice_factoring article.html http://www.touchfinancial.co.uk/ FACTORING TOUCH FINANCIAL SUPPORT Find the best cashflow solution for your business (M WINNER Factoring is a type of cash flow funding that allows you to receive money from unpaid invoices as soon as they are raised. You can release between 80% to 90% of the cash that is tied to those unpaid invoices. The cash can be made available in as soon as 24 hours after raising an invoice. Business Moneyfacts Awards 2011 How Factoring Works What are the Advantages STEP 1: Invoice your customer for goods sold and send a copy of your invoice to the lender. 1. Contract length to suit your business 2. Award winning and free service invoice COPY 3. Favourable rates and special offers invoice LENDER 4. Jargon free approach YOU Clients without tangible security CUSTOMER STEP 2: Lender gives you 80% to 90% of the value of the invoice. cost as a percentage of working capital 12% for overdraft 13% for invoice finance facility 80%-90% of invoice value LENDER YOU Clients finance wil be ngible security using invoice eto gain fouf times more cashflow STEP 3: The Lender will chase your invoice with your customer. costs include borrowing and typical bank arrangement fees CHASE invoice Clients with tangible security CUSTOMER cost as a percentage of working capital LENDER 10% for overdraft Your custe 100% of the invoice. the Lender STEP 4: 13% for invoice finance facility 2x Clients with tangible security using invoice finance will be able to gain two timés more cashflow vs an overdraft. 100% of invoice costs include borrowing and typical bank arrangement fees CUSTOMER LENDER it should be remembered that these facts assume the business can survive and grow using the restrictive overdraft. STEP 5: The Lender gives you the remaining 10% to 20% of the invoice value minus the charges. Facts & Statistics Businesses using invoice finance facilities benefiť from significant related savings on a number of costly overheads such as postage, stationery and telephone calls. 10% to 20% of invoice value minus charges LENDER YOU How Many Businesses Are Missing Out? There are 1 Million 4.8P the UK Million Small Businesses 21% Don't know they can benefit from using invoice finance How Touch Financial Can Help A TOUCH FINANCIAL SUPPORT Introduce you to the most suitable lender Once we understand your business and how it operates we will short list and recommend two or three lenders best suited to your requirements. Provide ongoing support Our team of experts will keep in regular contact to ensure everything involved in the process is running smoothly. We won't charge you a penny Our expert advice is completely free and there are no hidden fees. Similar to a mortgage broker, we receive commission upon successful introductions. We're partnered with over 20 of the UK's leading lenders who offer the best rates. these lenders include a aldermore noice nance BIBBY Lloyds TSB Commercial Finance Wventure finance Hitachi Capital Close invoice Finance SOURCES http://www.smarta.com/blog/2009/12/10-business-stats-you-may-find-surprising MEMBERS OF : http://www.bytestart.co.uk/content/news/statistics/small-businesses-in-the-ukshtml http://www.statistics.gov.uk/cc/nugget.asp?id=1238 FSB ABFA http://www.fsb.org.uk/stats http://www.qlfs.com/html/invoice_factoring article.html http://www.touchfinancial.co.uk/ FACTORING TOUCH FINANCIAL SUPPORT Find the best cashflow solution for your business (M WINNER Factoring is a type of cash flow funding that allows you to receive money from unpaid invoices as soon as they are raised. You can release between 80% to 90% of the cash that is tied to those unpaid invoices. The cash can be made available in as soon as 24 hours after raising an invoice. Business Moneyfacts Awards 2011 How Factoring Works What are the Advantages STEP 1: Invoice your customer for goods sold and send a copy of your invoice to the lender. 1. Contract length to suit your business 2. Award winning and free service invoice COPY 3. Favourable rates and special offers invoice LENDER 4. Jargon free approach YOU Clients without tangible security CUSTOMER STEP 2: Lender gives you 80% to 90% of the value of the invoice. cost as a percentage of working capital 12% for overdraft 13% for invoice finance facility 80%-90% of invoice value LENDER YOU Clients finance wil be ngible security using invoice eto gain fouf times more cashflow STEP 3: The Lender will chase your invoice with your customer. costs include borrowing and typical bank arrangement fees CHASE invoice Clients with tangible security CUSTOMER cost as a percentage of working capital LENDER 10% for overdraft Your custe 100% of the invoice. the Lender STEP 4: 13% for invoice finance facility 2x Clients with tangible security using invoice finance will be able to gain two timés more cashflow vs an overdraft. 100% of invoice costs include borrowing and typical bank arrangement fees CUSTOMER LENDER it should be remembered that these facts assume the business can survive and grow using the restrictive overdraft. STEP 5: The Lender gives you the remaining 10% to 20% of the invoice value minus the charges. Facts & Statistics Businesses using invoice finance facilities benefiť from significant related savings on a number of costly overheads such as postage, stationery and telephone calls. 10% to 20% of invoice value minus charges LENDER YOU How Many Businesses Are Missing Out? There are 1 Million 4.8P the UK Million Small Businesses 21% Don't know they can benefit from using invoice finance How Touch Financial Can Help A TOUCH FINANCIAL SUPPORT Introduce you to the most suitable lender Once we understand your business and how it operates we will short list and recommend two or three lenders best suited to your requirements. Provide ongoing support Our team of experts will keep in regular contact to ensure everything involved in the process is running smoothly. We won't charge you a penny Our expert advice is completely free and there are no hidden fees. Similar to a mortgage broker, we receive commission upon successful introductions. We're partnered with over 20 of the UK's leading lenders who offer the best rates. these lenders include a aldermore noice nance BIBBY Lloyds TSB Commercial Finance Wventure finance Hitachi Capital Close invoice Finance SOURCES http://www.smarta.com/blog/2009/12/10-business-stats-you-may-find-surprising MEMBERS OF : http://www.bytestart.co.uk/content/news/statistics/small-businesses-in-the-ukshtml http://www.statistics.gov.uk/cc/nugget.asp?id=1238 FSB ABFA http://www.fsb.org.uk/stats http://www.qlfs.com/html/invoice_factoring article.html http://www.touchfinancial.co.uk/ FACTORING TOUCH FINANCIAL SUPPORT Find the best cashflow solution for your business (M WINNER Factoring is a type of cash flow funding that allows you to receive money from unpaid invoices as soon as they are raised. You can release between 80% to 90% of the cash that is tied to those unpaid invoices. The cash can be made available in as soon as 24 hours after raising an invoice. Business Moneyfacts Awards 2011 How Factoring Works What are the Advantages STEP 1: Invoice your customer for goods sold and send a copy of your invoice to the lender. 1. Contract length to suit your business 2. Award winning and free service invoice COPY 3. Favourable rates and special offers invoice LENDER 4. Jargon free approach YOU Clients without tangible security CUSTOMER STEP 2: Lender gives you 80% to 90% of the value of the invoice. cost as a percentage of working capital 12% for overdraft 13% for invoice finance facility 80%-90% of invoice value LENDER YOU Clients finance wil be ngible security using invoice eto gain fouf times more cashflow STEP 3: The Lender will chase your invoice with your customer. costs include borrowing and typical bank arrangement fees CHASE invoice Clients with tangible security CUSTOMER cost as a percentage of working capital LENDER 10% for overdraft Your custe 100% of the invoice. the Lender STEP 4: 13% for invoice finance facility 2x Clients with tangible security using invoice finance will be able to gain two timés more cashflow vs an overdraft. 100% of invoice costs include borrowing and typical bank arrangement fees CUSTOMER LENDER it should be remembered that these facts assume the business can survive and grow using the restrictive overdraft. STEP 5: The Lender gives you the remaining 10% to 20% of the invoice value minus the charges. Facts & Statistics Businesses using invoice finance facilities benefiť from significant related savings on a number of costly overheads such as postage, stationery and telephone calls. 10% to 20% of invoice value minus charges LENDER YOU How Many Businesses Are Missing Out? There are 1 Million 4.8P the UK Million Small Businesses 21% Don't know they can benefit from using invoice finance How Touch Financial Can Help A TOUCH FINANCIAL SUPPORT Introduce you to the most suitable lender Once we understand your business and how it operates we will short list and recommend two or three lenders best suited to your requirements. Provide ongoing support Our team of experts will keep in regular contact to ensure everything involved in the process is running smoothly. We won't charge you a penny Our expert advice is completely free and there are no hidden fees. Similar to a mortgage broker, we receive commission upon successful introductions. We're partnered with over 20 of the UK's leading lenders who offer the best rates. these lenders include a aldermore noice nance BIBBY Lloyds TSB Commercial Finance Wventure finance Hitachi Capital Close invoice Finance SOURCES http://www.smarta.com/blog/2009/12/10-business-stats-you-may-find-surprising MEMBERS OF : http://www.bytestart.co.uk/content/news/statistics/small-businesses-in-the-ukshtml http://www.statistics.gov.uk/cc/nugget.asp?id=1238 FSB ABFA http://www.fsb.org.uk/stats http://www.qlfs.com/html/invoice_factoring article.html http://www.touchfinancial.co.uk/ FACTORING TOUCH FINANCIAL SUPPORT Find the best cashflow solution for your business (M WINNER Factoring is a type of cash flow funding that allows you to receive money from unpaid invoices as soon as they are raised. You can release between 80% to 90% of the cash that is tied to those unpaid invoices. The cash can be made available in as soon as 24 hours after raising an invoice. Business Moneyfacts Awards 2011 How Factoring Works What are the Advantages STEP 1: Invoice your customer for goods sold and send a copy of your invoice to the lender. 1. Contract length to suit your business 2. Award winning and free service invoice COPY 3. Favourable rates and special offers invoice LENDER 4. Jargon free approach YOU Clients without tangible security CUSTOMER STEP 2: Lender gives you 80% to 90% of the value of the invoice. cost as a percentage of working capital 12% for overdraft 13% for invoice finance facility 80%-90% of invoice value LENDER YOU Clients finance wil be ngible security using invoice eto gain fouf times more cashflow STEP 3: The Lender will chase your invoice with your customer. costs include borrowing and typical bank arrangement fees CHASE invoice Clients with tangible security CUSTOMER cost as a percentage of working capital LENDER 10% for overdraft Your custe 100% of the invoice. the Lender STEP 4: 13% for invoice finance facility 2x Clients with tangible security using invoice finance will be able to gain two timés more cashflow vs an overdraft. 100% of invoice costs include borrowing and typical bank arrangement fees CUSTOMER LENDER it should be remembered that these facts assume the business can survive and grow using the restrictive overdraft. STEP 5: The Lender gives you the remaining 10% to 20% of the invoice value minus the charges. Facts & Statistics Businesses using invoice finance facilities benefiť from significant related savings on a number of costly overheads such as postage, stationery and telephone calls. 10% to 20% of invoice value minus charges LENDER YOU How Many Businesses Are Missing Out? There are 1 Million 4.8P the UK Million Small Businesses 21% Don't know they can benefit from using invoice finance How Touch Financial Can Help A TOUCH FINANCIAL SUPPORT Introduce you to the most suitable lender Once we understand your business and how it operates we will short list and recommend two or three lenders best suited to your requirements. Provide ongoing support Our team of experts will keep in regular contact to ensure everything involved in the process is running smoothly. We won't charge you a penny Our expert advice is completely free and there are no hidden fees. Similar to a mortgage broker, we receive commission upon successful introductions. We're partnered with over 20 of the UK's leading lenders who offer the best rates. these lenders include a aldermore noice nance BIBBY Lloyds TSB Commercial Finance Wventure finance Hitachi Capital Close invoice Finance SOURCES http://www.smarta.com/blog/2009/12/10-business-stats-you-may-find-surprising MEMBERS OF : http://www.bytestart.co.uk/content/news/statistics/small-businesses-in-the-ukshtml http://www.statistics.gov.uk/cc/nugget.asp?id=1238 FSB ABFA http://www.fsb.org.uk/stats http://www.qlfs.com/html/invoice_factoring article.html http://www.touchfinancial.co.uk/

Factoring

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Factoring is a type of cash flow funding that allows you to receive money from unpaid invoices as soon as they are raised. This infograhpic illustrates how factoring can be beneficial to you and your...

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