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.
Secured vs Unsecured Business Loans – What’s the Difference?
Secured vs Unsecured Business Loans – What are they and are you eligible? When it comes to choosing a business loan, it can be difficult to ascertain which type would be best for you and your business. This article will discuss the differences between secured...
Keep Credit Control with a CHOCC Facility
Exploring CHOCC – An Invoice Finance Option In this article: Introduction – why do you need to know about CHOCC? What is CHOCC? How does it work? The advantages of a CHOCC facility The disadvantages of a CHOCC facility FAQs Conclusion Introduction The...
Understanding The Coverage Of Bad Debt Protection
What is Bad Debt Protection? The last thing you want to think about, as a business owner, is the potential situation where a debtor is unable to pay for the goods or services you have provided. When you have an invoice that you are not able to collect – perhaps the...
Propel Your Business Growth
How Invoice Finance Can Propel Your Business Growth If you have ever Google-searched ‘how can I grow my business quickly’ or ‘fast business growth’ then this may be a post for you. We are going to talk about how having an invoice finance facility can propel your...
Understanding Invoice Finance: A Complete Beginner’s Guide
The world of business finance, and what we are exploring today – invoice finance – can be a little bit overwhelming. There’s the financial jargon, different options to choose from and you may be finding it tricky to choose what is best for your business. It is...
How To Account For An Invoice Finance Facility
How to account for an invoice finance facility We work with many accountants to help their clients with their cashflow, it’s a key part of our business and all parties benefit from it. However, we know that although many businesses use invoice finance, they might not...
How Does Invoice Finance Work?
Are you tired of chasing outstanding payments? Discover what benefits of having an Invoice Finance facility can do to your cashflow: The benefits of invoice finance are supporting numerous businesses across the UK with fast funds to boost their cash flow and help grow...
How Invoice Finance Can Help A Recruitment Agency
7 reasons why invoice finance can help a recruitment agency Discover the benefits of invoice finance for recruitment agencies and how it’s enabling the industry to drastically grow: As any recruitment agency knows, “cash flow is king”. But keeping on top of it is...
7 Different Industries That Can Benefit From Invoice Finance
Wondering how invoice finance can boost your business? Read this blog to learn the distinct advantages of invoice finance in your industry: Different industries have specific requirements, regulations, and processes. So, depending on your business sector or...
What Security Is Required For An Invoice Finance Facility?
h of';Any business looking to expand requires access to finance. In many instances invoice finance is the best way to secure the necessary funds to do so. The most secure funding method for growth Unfortunately, many businesses in the UK would prefer to inject working...