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A recent Skipton Business Finance survey to specialist precision engineering, metal fabrication businesses and steel stockholders suggests that their own customers are taking longer and longer to pay their invoices - an average of 43 days.
This can mean that meeting weekly payroll obligations, paying for raw materials, paying creditors and even surprise repair bills can cause very unpredictable and inconsistent cashflow cycles.
What we can do
As Invoice Finance experts, Skipton Business Finance advanced money to businesses through specialist Invoice Factoring and Invoice Discounting solutions.
Businesses no longer need to wait 30, 60 or even 90 days for their invoices to be settled as they can draw down funds from their sales ledger. New customers can even draw funds against their outstanding sales ledger within 24 hours of setting up an Invoice Finance solution.
We tailor each and every solution around our client’s business and we pride ourselves in the flexibility and personal approach we offer to every single one of them.
Contact us today & get a FREE quote!
If you need an Invoice Factoring or an Invoice Discounting solution then why not give us a call today.
Backed by Skipton Building Society, one of the largest financial establishments in the UK, means we have funds ready to lend to businesses up and down the country.
If you would like a no-obligation FREE quote, please get in touch by ringing us on 0800 0854150 (call 0330 1232437 if ringing from a mobile).
You can also email us at info@skiptonbf.co.uk.
Or why submit an online enquiry using the form on the right and we'll call you back.
Find out more
At Skipton Business Finance, we offer the following types of Invoice Finance: