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Invoice financing and trade facilities

Invoice financing can provide  much needed working capital however when combined with an international trade finance facility the two  facilities dove tail to provide the complete funding solution. Any businesses wishing to import goods from a foreign country can do so without having to use any of their own capital provided that you have guaranteed orders in the UK. On trhe back of these orders the finance company will provide the cash to import the goods. As soon as the goods are delivered to your customers premises, you will raise an invoice. Either the customer pays immediately and the trade facility is repaid in full or you provide your customer with credit and the same finance company provides an invoice discounting or factoring facility against your invoices and the proceeds are used to pay the trade facility.

This process would seem pretty simple however not all financial institutions provide the two services together. If you went to the bank asking fro a trade facility the amount of credit you are provided with will depend on the length of time your business has been trading, how profitable it is, and the level of available security. Providing a one stop shop is difficult in that it is a very specialist market however once you know which funders are in the market you might be pleasantly surprised as to the level of funding available.

XL business Finance has been helping many businesses trading internationally with cash flow solutions. We know depending on your location . length of time in business and the level of profitability which invoice financing company will be best suited for your particular business. The good news is that you don’t necessarily have to have a stack of security available. Thankfully there are a number of independent finance companies that providing the exit route is watertight they will take a commercial view.

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XL Business Finance Ltd is a privately owned and independent business financing company with established links to many of the UK's leading finance houses. XL Business Finance provides a viable alternative to high street banks that lack the flexibility and imagination to provide a solution to most business users requirements. XL Business Finance can provide a full range of business financing solutions and we ensure a high level of customer service and pride ourselves on quick decisions. Our independent status will ensure any offer of funding and asset finance leasing is best suited to our customer’s needs.

XL Business Finance, Eaton Place Business Centre, 114 Washway Road, Sale, Cheshire M33 7RF UK.

 

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