info@goldwynsfinancial.co.uk

Invoice Finance

Home / Invoice Finance

About Invoice Finance Service

Improve your cash flow and grow your business
Sustaining cash flow is critical to the success of any business. Why wait to be paid for the work you’ve done, goods you’ve sold. Invoice Finance can help.

There are two types of invoice finance products:
factoring and invoice discounting, the real
difference between them is who collects the
customer payments. Either one allows you to release
a large proportion of an invoice’s value within
24 hours of its issue. once your customer
has made their payment, the remaining balance
is paid to you, minus fees.

HOW FACTORING WORK?

Factoring is an idel option for smaller businesses, whose resource
would be better spent on day-to-day activities.the lender collect your outstanding invoices, leaving you more time to
focus on running your business.

HOW INVOICE DISCOUNTING WORK?

Invoice discounting is similar to factoring, in that it gives you access
to cash as you issue new invoices. However, a key difference is that
you’ll be responsible for collecting your payments, while your use
of an invoice finance product will be kept completely confidential from
your customers.

Types:
Factoring is good for businesses looking to bridge the cashflow gap but without the hassle of collecting payments

Invoice Discounting is for businesses that need cashflow support whilst keeping control of their invoicing and debt collection.

Forward Finance is especially for small businesses with a turnover of up to £300,000

Construction Finance is a bespoke invoice finance solution for businesses operating in the construction sector

Export Finance is designed to help businesses sell overseas via our dedicated invoice finance service

Recruitment Finance is an invoice finance solution catered to the needs of businesses within the recruitment sector