What are the costs of Invoice Finance?
The terminology used in the invoice finance world can be very confusing, particularly for those who haven’t used the service before. Essentially, there are two main elements when it comes to working out the costs of a facility:- Service Fee – is the cost of providing a facility and is charged as a percentage of […]
Personal Guarantees and Invoice Finance
We are often asked why an invoice finance company would need directors to sign personal guarantees in support of a facility. After all, the whole reason for having a limited company is to protect the directors / shareholders from personal liability – isn’t it? Well, yes and no. We would argue that giving a personal […]
Finance for Healthcare
For new-start and growing healthcare recruitment businesses, invoice finance can be a lifeline to ensure cashflow requirements (primarily staff wage costs) can be met prior to receipt of funds from customers. It is common for local councils and healthcare companies to use Neutral Vendor platforms (such as GRI, Matrix and Neuven) for their supplier payments. […]
