Invoice Factoring & Invoice Discounting

20th August 2003

New Invoice Factoring & Invoice Discounting Partners

Over the last quarter, Xbridge, our business finance partner has added some significant new partners allowing you to compare costs and services from the best invoice financiers in the UK:

GE Commercial Finance - Part of the finance arm of the largest company in the world. Additional lending can be secured against stock, raw materials, property and equipment. MBOs, LBOs & structured finance specialists.

Lloyds Commercial Finance - Provide the complete asset backed lending service including all equipment on the balance sheet with a core focus on invoice discounting.

Both of these partnerships demonstrate Xbridge's commitment to offering invoice and structured finance to larger companies in addition to servicing the needs of small businesses.

Invoice Factoring | Invoice Discounting

Switching From One Factor to Another

Inter-factor transfers as they are known can happen for certain reasons e.g. i) to save money, ii) better service, iii) better advance rate. When you compare factoring companies be sure to ask the questions which will make the transfer easy:

1. Will the advance rate be affected by credit notes?
2. If I do most of my business with one company, how will this affect my advance rate?
3. What penalties might I have to pay?
4. How many client relationships does a client manager look after?
5. Will my client manager change in the next 6-12 months?

Cheaper price is no substitute for better service and using the Marketplace allows you to compare factoring companies on service and price allowing inter-factor transfers to be made easier.

Invoice Factoring | Invoice Discounting

Business Finance Newsletters

Q2 Factoring Update - 09.06.2004
FSB states 25% of businesses fail but what can be done?

Brighter Outlook for Small Business in 2004 - 17.12.2003
Small Business Outlook Brightens

Government Initiative to Save SME's over a Billion on Energy Costs - 25.11.2003
ME's Waste over a Billion on Energy Costs

Protect Your Business Against Rising Rates - 12.11.2003
Ways to Protect Your Business Against Rising Rates

Interest Rates Rise by 0.25%: What it means to you. - 06.11.2003
Impact on Your Mortgages

Q4 Factoring Update: Brumark Bites - 04.11.2003
How Brumark will affect you and an invoice finance glossary

SME Economic Confidence up 22% - 28.10.2003
SME business confidence report and buying vs. leasing property guide.

Rising Crime Affects a Quarter of UK Businesses - 15.10.2003
Covers crime and how it effects UK business. Also includes finding the right finance for your business.

Invoice Finance - Easing Cash Flow Concerns - 01.10.2003
Report from The Factors and Discounters Association plus info on invoice disounting and lease financing.

Quarter 3 Insurance Update - 25.09.2003
Insurance update.

Small Business Owners Relish Their Freedom - 18.09.2003
Poll shows majority of small business owners would not work for someone else.

Q3 Mortgage Update - 11.09.2003
Trends in buy to let mortgages and commercial mortgages

Tailored solutions for your commercial vehicle needs - 04.09.2003
Report on commercial vehicle purchasing, financing and insuring.

Sources of Red Tape Plaguing UK Small Businesses - 26.08.2003
Poll shows red tape plaguing UK small businesses, plus tradesman insurance and equipment leasing.

Quarter 3 Factoring & Invoice Finance Update - 20.08.2003
New invoice factoring and invoice discounting partners, and switching from one Ffctor to another

Understanding Business Overdrafts - 06.08.2003
Business overdrafts and the alternatives.

Our Quarterly Mortgages Update - 28.05.2003
Trends in buy to let mortgages and commercial mortgages

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