 |
|
Request for quote:
|
|
Loan of £200,000 payable over two years
Verification notes: The buyer IS interested in Single Invoice Finance. They have a concern about their short term cash flow requirements for the next 3-mths in particular - hence considering a loan. They have c£350k on their sales ledger - they now understand that Single invoice Finance can not help with this but they are interested to have finance for future invoices. They work with large Primary Care Trusts, hospitals, blue-chip building contractors etc. Work is invoiced after sign-off and there are no stage payments. The business currently has no loans or overdraft.
RH**
South East Region (SE)
single invoice factoring
,
single invoice finance
|
 |
|
|
|
|
Single Invoice Finance
| | |
*
| 1. How long has your business been trading?
| | |
*
| 2. What type of business do you operate?
| | |
*
| 3. What is your projected turnover in the next 12 months?
| | |
*
| 4. What percentage of your turnover is generated with businesses?
| | |
*
| 5. What percentage of your turnover is generated with consumers?
| | |
*
| 6. How many clients do you have?
| | |
*
| 7. Number of invoices to be factored per month?
| | |
*
| 8. Approximate value of invoices to be factored?
| | | Describe your request
(Provide additional info to the suppliers)
| Loan of £200,000 payable over two years
Verification notes: The buyer IS interested in Single Invoice Finance. They have a concern about their short term cash flow requirements for the next 3-mths in particular - hence considering a loan. They have c£350k on their sales ledger - they now understand that Single invoice Finance can not help with this but they are interested to have finance for future invoices. They work with large Primary Care Trusts, hospitals, blue-chip building contractors etc. Work is invoiced after sign-off and there are no stage payments. The business currently has no loans or overdraft.
|
|
|
|
|
Examples of suppliers for single invoice finance
 |
Single Invoice Finance for small businesses who want to get bigger.
Working Capital Partners innovative Selective Single Invoice Discounting means that you can choose
whether or not you wish to factor your sales invoices; and decide on exactly when and how much
cash you need. Whether it?s to pay a supplier, settle an unexpected tax bill, pay the rent or pay
your staff; you simply sell as much of your accounts receivable as you need to meet your short term
requirements. And if you don?t want to factor further invoices, you don?t have to. There are no
ongoing fees, no refactoring fees, no administration fees and no interest charges; just a simple flat
fee deducted from the rebate when the invoice is settled.
As long as you have a provable debt to a creditworthy customer you can release up to 85% of its
value and have cash in your account the same day.
Working Capital Partners is a member of the International Factoring Association, the Institute of
Consulting and is recognised by Business Link as a specialist provider of services to SMEs.
|
Get quotes from Cashflow UK
Cashflow UK is a leading independent finance broker specialising in factoring and invoice
discounting. Working in partnership with businesses of all shapes and sizes to improve their cash
flow situation and support them to realise their full business potential.
Cashflow UK will help unlock the cash tied up in invoices, giving your business an immediate cash
injection and making late payments a thing of the past. With a specialist team working to save you
time and money by offering free, impartial advice on the best financial solution for your business.
|
Similar requests
Single Invoice Finance
Single Invoice Finance Quotes. Verification Notes: A coach company are looking for single invoice finance for some of its business customers. The coach company have around 130 customers with 75-80 schools. They would like to have a single invoice finance facility (or possibly factoring) for these customers. Invoice sizes range from c£290 to £1530 and many times a school will have 4 or 5 invoices at any one time. |
Single Invoice Finance London
Interested to see how single invoice finance could work for financing new venture. Verification Notes: Buyer is interested to see how single invoice finance could help establish a new jewellery brand. The company that is setting this venture up has been in business since 1981. The jewellery brand is new and recently signed their first customer - The British Museum. Target customers are high end retailers such as Harrods, Harvey Nichol, Selfridges etc. Invoices will vary from £1000 to £4-5,000 per order. The business expects client revenues to average £100k p.a. per client. In the past they have used high net worth individuals to fund growth of other ventures but are looking at Single Invoice Finance to see how this solution could benefit them. |
Single Invoice Finance Proposal
Single Invoice Finance Quotes please. Looking to use single invoice finance as an alternative to a full invoice factoring facility. Verification notes: Single Invoice Finance proposal required for a marketing company. The company turnover will be in the region of £500,000. The business has had an offer, for invoice finance, on the table from Skipton Business Finance but at the last minute Skipton made some changes to the draw down percentages. Consequently the invoice factoring deal no longer works for this company. They are aware of Single Invoice Finance but have not discussed it with anyone and feel that the flexibility provided by single invoice finance would be a better option for them. Their own bank HSBC has approached them for factoring but they feel they don’t need a full factoring service. They have recently issued one invoice for £40k to a major Insurance brand which they would like to discuss with a single invoice finance supplier and there will be a second invoice in about 3 months for approx £80k again to this insurance company. In future they would be looking at perhaps 1 or 2 invoices per month with a minimum value of C£10k each. They have a total of 22 clients. Approximately 6 of these account for two thirds of their turnover and these are the clients they would like to factor. These include 2 Charities, the major insurance company, 1 major health screening company, a mail order company and an agency. |
|
|
|
|
|
Bobex Ireland
Bobex UK
Bobex.be
Bobex.fr
Bobex.lu
Bobex.nl
Bobex.de
Bobex.se