What is Invoice Finance?
Maintaining a healthy cash flow can be difficult in today’s economic climate and it can take months for companies to settle what they owe, choosing to take full advantage of payment terms and hold onto their cash to help maintain their cash flow.
We understand a healthy cash flow is vital to your business, which is why our experience in securing invoice finance for clients can be the powerful financial tool you need to succeed.
Invoice finance can help you better manage your cash flow by bridging the gap between the point at which you make a sale and the time it takes for payment to be received from the debtor. Meaning you can gain access to your cash immediately and avoid the wait of the usual payment terms.
It’s relatively quick and simple to apply for invoice finance, and once your application is agreed you can expect to benefit from the cash in as little as 24 hours.
Finance that thinks bigger.
With invoice finance, you can improve your cash flow by allowing your business to get paid immediately for the products or services it has provided. This is a huge benefit and can support your business significantly by:
- Giving you immediate access to cash without a loan and difficult repayments that may further stretch cash flow
- Supporting your business growth – whilst an increase in sales is what every business strives for, it can put a significant amount of strain on a company’s cash flow
- Giving your business access to cash quickly
- Reducing your risk of late payments and bad debts
- Outsourcing your credit control function – should you want to, this can free up more of your time to focus on sales.
Growth without limits.
If you’re looking to ease your cash flow problems and ensure the continued growth of your business, then invoice finance could be the financial solution for you.
With access to over 50 invoice finance companies, at PMD we have the experience and knowledge in securing invoice finance for our clients and work with businesses across all sectors to help build their business. Our team of experts will do all the legwork for you, so you can focus on what you do best.
We take the time to understand you and your business so we can offer ground-breaking financial solutions for ground-breaking businesses. If you already have an existing invoice finance facility, this isn’t a problem. We can benchmark this against the availability on the market and look at either reducing costs or increasing funding and in many cases both.
Get in touch with us today to see how invoice finance could work for your business and begin a powerful, financial partnership.
As usual PMD finance were the model of professionalism, efficiency and effectiveness. They were prompt in getting the application turned around quickly and this was all done with courtesy friendliness and good humour. They are a pleasure to deal with and I would have no hesitation recommending them to anybody seeking finance.
Related case studies
From startups and sole proprietors through to large well established companies. Our client range is extremely diverse but, they have a common theme. They all need support to fund business assets and development projects.