Knowledge Centre
These blog posts have been curated by the experts at Contact Business Finance who want to share their wealth of knowledge surrounding invoice and commercial finance – to help you make the best decisions for your business.
Leveraging Finance Options for Summer Business Growth
Introduction As the summer season approaches, businesses often experience a surge in demand and opportunities. However, with increased activity comes the challenge of maintaining healthy cash flow to meet operational needs and seize growth prospects. This is where...
The Unique Benefits of Confidential Factoring for Small and Medium Enterprises
Introduction Over the past few years, especially with the changes we faced during the global pandemic, business’ borrowing needs have changed. Small and medium enterprises (SMEs) are on the lookout for innovative financial solutions to help them navigate issues with...
Selective Invoice Finance vs. Whole Turnover Invoice Finance: Understanding the Differences
Introduction In the world of business finance, particularly for small and medium enterprises (SMEs), maintaining a healthy cash flow is crucial. Invoice finance has become a popular solution to this challenge, offering businesses the opportunity to access funds tied...
Choosing Your Invoice Factoring Provider: Key Factors to Consider
Introduction You know you want an invoice factoring facility to help with cash flow – but how do you know which lender to choose? There are plenty of lenders across the UK to choose from, each with their own appetites and specialities. It can be a bit of a minefield...
Manufacturing Companies: This Is Why You Need Invoice Factoring
Introduction Manufacturing is a diverse industry - but something that all business owners have in common is the need to maintain steady cash flow, all while navigating the intricacies of production, distribution, and customer payments. Invoice factoring – a term which...
Differentiating between Invoice Factoring and Invoice Discounting
Differentiating between Invoice Factoring and Invoice Discounting Introduction In the realm of managing cashflow for businesses, particularly small and medium-sized enterprises (SMEs), two prominent solutions stand out: invoice factoring and confidential invoice...
The Flexibility of Selective Invoice Finance: Choosing Which Invoices to Finance
The Flexibility of Selective Invoice Finance: Choosing Which Invoices to Finance Introduction Many business owners in industries such as recruitment, construction and manufacturing have heard of invoice finance but hold the assumption that every single debtor...
Top 5 Advantages of Invoice Finance for your Cash Flow Management
Introduction It is no secret that having an invoice finance facility for your business can assist with issues concerning cash flow. Instead of waiting the usual 30, 60 or 90 days for your invoices to be paid, you can raise your invoices and access the funds the same...
Navigating the Asset Finance Process: A Step-by-Step Guide
Navigating the Asset Finance Process: A Step-by-Step Guide Introduction It is often the case for many industries that there will come a point where you need to buy new assets for your business. Whether you need to update your IT systems with new software and...
Solving Cash Flow Dilemmas with Invoice Discounting
Cash flow problems - what’s the solution? Issues with cash flow are not a new problem in the world of business. When you offer your products or services on credit terms, it is not surprising that waiting for those invoices to be paid can cause problems with...