If your business sells products or services to other businesses and you offer 30, 60, 90 or even 120-day payment terms, you should be eligible for an invoice finance facility.
Invoice finance is a very common working capital solution for business in the following industries: Manufacturing, Transport and Logistics, Recruitment, Printing, Wholesale, Construction and many more. This can be used to advance funds for your UK and International clients.
Wise Factoring have a panel of over 50 funders from High Street Banks to the many excellent Alternative Finance Providers on the market. We can guide you through all the options available and make the introductions when you are ready to take the next step.
Once an invoice finance facility is set up, you will have control over your cash flow and no more worrying about late payments or extended payment terms putting a squeeze on your working capital. You can take on as much extra work as you can handle, knowing you have a reliable source of funding in place. This allows you to meet your own financial commitments and concentrate on growing your business and increasing your bottom line.