Invoice finance is a great way to support your cashflow for a period of time if you need it as well as providing essential funds for that next expansion plan or the piece of kit you desperately need.
If you’ve never used it before it might not be clear how it works so here is our step by step guide to what you can expect when you use invoice financing to help you take the next step.
- You decide that you need some finance to support your cashflow (or for another reason) and work out how much you need.
- You let us know (our phone and e-mail details are in the footer below). If you’d like to talk about your needs, plans and the dreams we’ll help make real then book a free 15 minute call with us and we’ll help out.
- We’ll take a look at your requirements and at what you plan to do. Our specialism and the way our credit team work mean that we can do that pretty fast. Saves you waiting around for an answer. All being well we’ll get you signed up.
- We will give you your own dedicated contact at Castlebridge Finance who you can contact day to day along with a senior manager whenever you need them.
- Your facility can be up and running within 5 working days approval, which will allow you to access your funds.
- All you need to do is upload your invoice to our online portal and we’ll advance up to 95% of the gross value of that invoice within 24 hours.
- We will then handle your credit control with your debtors to ensure that your invoice is paid on or before the due date for payment.
- We’ll pay the remaining balance on your invoice upon receipt of payment of the invoice by your debtor (minus any fees).
So now you know. Nothing unexpected to surprise you. Nothing to complicate matters and make it difficult. Now you just need to go back to the top, work out how much you need and get in touch.
Read about six ways in which we can help your business with invoice finance
If you need us you can call or e-mail. Our details are in the footer below.