We have had a number of clients approach us due to their bad debt protection / credit insurance limit being removed on Eddie Stobart Limited and other associated companies. This comes in the wake of the publicised story of financial irregularities and suspension of their shares. This shock announcement means credit insurance companies take a […]
We get numerous requests for debtor finance from businesses that work under the Energy Companies Obligation / Green Deal scheme and whilst most lenders will not look at funding these we have had success in obtaining factoring in this industry. Indeed in the last month we managed to secure another facility for £750,000 to assist a […]
When a business is in need of generating revenue, there are several ways to leverage money from future payments. If you’re tired of chasing after clients for payment or need an immediate cash flow mix for your business, then you should consider invoice financing; when a third party buys a company’s unpaid invoices or lends […]
A huge number of temporary recruitment companies use invoice finance to manage their cash flow. It is natural that as more placements are obtained cash flow is stretched which means in order to grow you need a flexible funding solution.
Asset finance is a product within the finance industry often used by businesses to obtain the equipment and facilities that they need to grow and expand. The general process is that it usually involved paying a regular charge for use of the given asset over an agreed amount of time..
We regularly speak with businesses using invoice finance that never speak with their funder on renewal. In an industry with such competition Beacon Finance are firm believers that you should be reviewing your terms every year. Not only to look at pricing but to discuss how the facility operates..