Why use invoice finance?
Improve your cash flow
It may be stating the obvious, but the number one reason for using invoice finance is to generate immediate cash for a business (up to 100% of invoice value) to pay wages, pay suppliers, increase business working capital, NIC, PAYE, VAT, HMRC and more.
Happy employees, discounts from suppliers and, most importantly, a lot less stress for the business owner.
Get a cash injection
A business which is already trading (as opposed to a start-up) can release a lump sum of cash from its current sales ledger.
Improve your flexibility
The beauty of invoice finance is that the funding available automatically increases in-line with your business’s sales.
Compare this to the inflexibility of an overdraft, which requires a business to keep going "cap in hand" to the bank manager for increases in the facility.
Get professional credit control
Invoice finance allows your business to outsource your credit control to Ashley, freeing up time for better things such as winning new orders and keeping staff happy!
Keep your assets safe
A bank will often require your home as security for an overdraft or business loan – no security is required with invoice finance from Ashley. When the high street banks say no, we say yes to small businesses in England, Scotland and Wales.