We are still seeing so many businesses struggling for cash flow with inadequate working capital facilities and replacing their bank overdrafts with invoice finance. Bank overdrafts are not designed to … Replacing an overdraft with invoice finance
Middle Eastern investors have reportedly purchased XL Business Finance for £300m! Due to the dwindling oil resources in the middle east a consortium of investors feel the future is with asset … XL Business Finance sells to Middle Eastern investors for £300M
The previous blog mentioned a business that required invoice financing for contractual debt. Where there is a certain amount of contractual debt the business is deemed to be more risky … Confidential Factoring Explained
99% of UK based independent and bank based factoring companies will run a mile when they see that a business supplier terms and conditions are deemed to be slightly contractual. … Factoring Contractual Debt
It is becoming increasingly common for high street banks not to offer hire purchase or finance lease facilities especially for transactions sub £50k and even sub £200k with one bank. … Bank Loan or Hire Purchase
Other than a businesses own bank there are still only a few independent asset finance companies offering hire purchase and finance lease facilities. And depending upon which bank you are … Will my bank give me the best asset finance deal?
Factoring export debt has always been difficult for many finance companies. The good news is that there are one or two finance companies that can provide specialist expertise in this … Factoring export Debt
The fact that a business has CCJs doesn’t necessarily prevent it from obtaining asset finance, however it certainly makes it more difficult. Most high street asset finance companies such as … Asset Finance and CCJs
Valuations for refinancing of plant and machinery can vary vastly from customers own valuations and expectations. This is why. Refinance of assets is provided primarily by asset based lenders. Their primary … How to value equipment for refinancing purposes
Does your business have the XL Factor. XL Business Finance has been helping Managing Directors and Finance Directors put the X Factor back into their business. Whether it is factoring , … Does Your Business have the XL Factor?