Invoice Factoring Archive

Most invoice facilities come with a contract which ties you into the company for a set period of time, but once you are no longer committed to the invoice finance company it is worth shopping around. (more…)

If you have a team of people in your business who are on the payroll you will be only too aware of the cash flow problems that can be caused when it comes to that time of the month when the payroll is done. (more…)

December can be a slow time for many b2b type companies and with this comes the problem of paying their suppliers. Late payments are common place in December. (more…)

A broker can be very useful when looking for an invoice finance provider especially if you have not used invoice finance before. A good invoice finance broker can help you a myriad of ways. These include: (more…)

SMEs are an important part of the UK economy. 59% of employment in the UK private sector is from SMEs, in addition to this 48.6% of turnover in the UK is from SMEs. When you consider these statistics you see how important SMEs are to the UK economy. (more…)

Usually you do, but there is no hard and fast rule with this. More often than not invoice finance companies want you to sign up for at least a 12 month contract due to the time and expense of setting up invoice finance for a new client. (more…)

Many business people look at invoice finance as a last resort to financing their business and helping cash flow. They think of it as an expensive method of financing their business and something that only businesses that do not have a choice opt for. (more…)

Here at TrackCompare our aim is to provide visitors of our site with a quality comparison service helping them to find the ideal solution for their business, whether that may be an invoice finance service, a vehicle tracking system or fuel cards for their fleet. (more…)

Supermarkets have long been renowned for making their suppliers wait for payment. They can get away with this tactic because they buy in such bulk and present a brilliant opportunity for growth to small businesses. (more…)

In the UK asset based finance in general is growing in popularity and invoice factoring and invoice discounting make up a large portion of that. In fact in the year ending June 2011 companies in the UK were borrowing 14% more via invoice factoring and discounting than they had the previous year. Interestingly the use of business overdrafts had dropped by 14.3%. (more…)