Turn Invoices into Cash

Riverside Business Solutions Ltd

PO Box 823, Banstead, Surrey, SM7 1BR

Phone 020 8393 6168  Fax 020 8393 6217 email info@rmcl.co.uk

© Riverside Business Solutions Ltd 2006.

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All businesses say they put their customers first, how many times in the last year have really thought this when you were the ‘buyer’

What can you do in your business to make a stunning difference.

 

If you want to increase your sales CALL US TODAY

Cash flow is one of the most important matters in any business, large or small. One of the places you can raise additional working capital from is your invoices. In the UK there are two basic ways to do this, Factoring and Invoice  Discounting. Both generate working capital from your invoices, but slightly

Differently. Factoring is available to many smaller businesses, whilst invoice discounting is normally applicable to larger companies with turnovers exceeding £1,000,000.

The basics are that you sell your invoices to the Factor (Bank) and they pay you up to 80% of the value on day 1, when they get paid you receive the balance less the banks costs and agreed charges.

If you have bad debts in the invoices you sell, then the bank will offset these against other invoices you provide.

There are many variations so why not give us a call today to see how we can help

Remember, an informal chat costs nothing but can make a huge difference.

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020 8393 6168