Advantedge Invoice Financing

Advantedge Commercial Finance is a specialist business finance provider that was established in 2001 and offers cash flow solutions to small and medium-sized UK operations. Advantedge offers a number of invoice finance solutions including invoice discounting and selective invoice finance. Read on for more information about the benefits of these products.

Invoice financing is a financial product, offered to businesses as a means of unlocking cash flow. It can be quicker than through more conventional methods, such as business loans or other forms of borrowing. Rather than having to apply for a loan, invoice financing uses your own company’s invoices to its customers as a form of collateral.

Advantedge is one of many lenders who provide invoice finance products for businesses. Advantedge invoice financing has helped fund a significant number of businesses over the years, providing quick and straightforward access to funds.

Advantedge is one of many lenders who provide invoice finance products for businesses. Advantedge invoice financing has helped fund a significant number of businesses over the years, providing quick and straightforward access to funds.

You might wish to seek invoice financing from Advantedge or another provider if you’re a business looking to expand and invest, without the sufficient cash flow to do this immediately. Invoice financing can be less time-consuming than a business loan application and is often used by companies to address their cash flow challenges.

One of the big benefits of using Advantedge invoice financing is the access to a much-needed cash injection in a very immediate time-frame. Companies with a high number of sales can use their as-yet unpaid invoices as collateral to borrow the cash they need now, instead of waiting for the invoices to be paid.

Businesses wishing to use invoice financing from Advantedge or other lenders will usually be required to provide the invoices in question for confirmation. The lender will offer a proportion of the value of those invoices at short notice, before the cash injection is finally made.

In some cases, invoice financing might prove harder to acquire if your business credit score is too low for a lender. In other cases, your business might have an insufficient turnover or be too young to meet the criteria for some lenders.

If you’re wishing to compare and contrast invoice finance solutions from Avantedge with some other competing lenders, try Touch Financial. By getting in touch via telephone or online, you’ll get through to a consultant who can clarify what your requirements are, and help provide a selection of suitable lenders to match those requirements.

Smaller companies might struggle to find sources of credit, simply due to having lower turnover than larger ones. Invoice financing can also come with high costs for small businesses, depending on the provider, so always carry out the adequate research when seeking any financial product to get the best deal for your circumstances.

As with any financial product, invoice financing from Advantedge can be useful to help support your business if used properly. However, businesses should consider borrowing in conjunction with a long term cash flow management plan to avoid getting stuck in a borrowing cycle.

No two businesses are the same, so when seeking invoice financing from any lender, you need to be mindful of existing cash flow and turnover, as well as the various fees and other costs lenders may charge, if you seek invoice financing products from them.