Category: Invoice Finance

Invoice Finance for SME declined by a bank

SME declined for invoice finance by bank….alternative funder steps in. This newly established company was formed in March 2015 when two lads  spotted an opportunity to import energy drinks  into Ireland.    Their products eventually got listed with a major supermarket chain in January, however this key customer  demanded 90 days credit.  They quickly realised they would need working capital to fund  the gap […]

Asset Based Funding to Irish SMEs hits an all-time high

Asset Based Funding to Irish SMEs hits an all-time high Asset based finance is finally gaining a foothold in the Irish market, with the news that asset based finance for UK and Irish businesses has hit a record high of £20 billion. A recent report from the Asset Based Finance Association (ABFA), the body that […]

Happiness is a positive cash flow….

Invoice Finance is positively good news I met a man at a yoga class about 10 years ago.  He stood out –  not because  he was the only male in the class,  but because he always wore a bright yellow tee-shirt with the slogan “Happiness is a positive cashflow….” Working as an Invoice Finance specialist, and listening to SME owners talking about their cash flow […]

Alternative finance – a route to fund SMEs

When it comes to funding, there are many alternative options. There’s a lot of talk about alternative business finance at the moment and indeed, this new breed of funders are filling the gap  left  by many of the traditional lenders.   Nowadays  business owners and advisors are more open-minded about looking beyond the banks for finance and the emergence of […]

Invoice Finance – funding for a fresh start

Invoice Finance – fast funding in 7 working days This newly established company was incorporated in December 2015, after a long-established food wholesale business ceased to trade due to lack of management and legacy debt. Two savvy businessmen saw an opportunity and took over the client base, the lease on the building and – importantly- […]

Refinancing assets – fast access to cash

Need a significant cash boost? If your business needs a significant cash boost, then refinancing your business assets could be an ideal option.  Very simply, refinancing assets is a great way for business owners to unlock valuable cash from assets already owned by the company. For a company with strong capital assets, it’s a great way to generate cash.  The […]

Working capital options for SMEs

Your guide to Invoice Finance There’s a growing trend towards alternative working capital products such as Invoice Finance, as SME’s continue to face challenges trying to access capital for growth  One of the great benefits of these flexible funding products is they are a lot more accessible for SME’s than traditional bank funding, and they […]

SMEs turned down for Invoice Finance?

Time to look beyond the banks… It’s great to see that a lot more business owners are open to the idea of using Invoice Finance. The first port of call is usually the bank, and their invoice financiers are definitely open for business – and busy!  However, not all SMEs meet the banks’ strict lending criteria. Any business with a poor financial track […]

Late payments giving you sleepless nights? Invoice Finance can help you rest easy

Late payments giving you sleepless nights? Invoice Finance can help you rest easy Late payments are having a huge impact on Irish businesses, affecting cashflow, credit ratings and even threatening employment. A recent survey by Sage Ireland found that nearly two-thirds of Irish SMEs were affected by late payments. Late payments can have a very detrimental effect […]

“I didn’t know Invoice Discounting even existed!”

This may surprise you, but many Irish business owners have little or no idea of the alternative sources of working capital finance available in Ireland. They are unaware of such products as Invoice Discounting and Factoring. It certainly surprises me, especially in today’s economic environment where, for the past few years, businesses have found it […]

1 2