Invoice Finance Increasingly Recommended by SME Accountants

by Ivan WidjayaFinance
A recent study by a UK business lender has revealed that invoice finance is one of the most commonly recommended sources of external funding by SME accountants. That represents a dramatic reversal of fortunes over the last decade. Invoice finance was once considered to be a finance type of last resort, with high costs and poor service levels commonplace. However, with invoice finance and asset-based lending having risen 5 percent to £23.4bn at the end of 2017, it’s clear all that has changed.…

A Brief Guide to Invoice Finance for Start-Ups

by Ivan WidjayaFinance
Running a start-up offers many opportunities but also challenges, with many stats often used to show how hard it can be to turn your new company into a success. Often it is financial problems that see start-ups fail before they can get going, which is why it’s so important to make sure you have enough starting capital and a solid plan in place. According to research, 82% of small businesses fail due to cash flow problems, which is where invoice finance can help.…