My Bank Has Stopped Offering Factoring. What Should I Do Now?
If your bank has stopped offering factoring, Go-Factor can arrange a straightforward transfer to a new invoice-finance provider without disrupting the cash your business relies on.
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Can I Afford 60 or 90 Day Payment Terms? | Go-Factor
Invoice finance can help your business offer customers 60 or 90-day payment terms without waiting months for the cash. Release money from eligible unpaid invoices to pay wages, suppliers and operating costs.
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Can I Get Invoice Finance With a CCJ? Yes, Go-Factor Can Help
Invoice finance with a CCJ · Go-Factor Business Finance Yes. A County Court Judgment (CCJ) does not automatically stop your business getting invoice finance. Go-Factor is an independent UK invoice finance broker that helps businesses with CCJs access funding against eligible unpaid B2B invoices. Specialist funders consider the circumstances of the judgment, your customers’ ability…
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One Customer Owes Most of My Money. Can I Still Obtain Funding?
If one business customer owes you money, single-invoice finance can release cash from the unpaid invoice without requiring you to fund your complete sales ledger.
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What Funding Can I Get For My Business If Cash Flow Is Tight
What Funding Can I Get for My Business if Cash Flow Is Tight? If money is due out before customer payments come in, your business does not have to stop growing. The right funding can release working capital, cover urgent costs and put cash back into your business. Fast. Flexible. Funding. Built Around Your Business.
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Rolling VAT Finance: Spread Your VAT Bill | Go-Factor
Rolling VAT finance can help a business spread its VAT payment over three months or through a continuing credit facility, avoiding one large payment damaging cash flow.
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Healthcare Recruitment and Care Payroll Funding
Recruitment and care agencies can use invoice finance to pay weekly wages before clients settle. Go-Factor can arrange payroll-supported or self-managed facilities in approximately one week.
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Invoice Finance Review: Are You Paying Too Much?
If you already use invoice finance but have not reviewed your facility recently, you could be paying too much, receiving less funding than your ledger can support or remaining tied to terms that no longer suit your business. Your turnover, customers and funding requirements change. Your invoice finance facility should change with them. Go-Factor reviews…
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Haulage Invoice Finance for Drivers & Fuel | Go-Factor
Invoice finance can help a haulage company pay drivers, fuel and operating costs without waiting 30, 60 or 90 days for customers to settle their invoices.
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How Does Invoice Finance Work? A Simple £10,000 Example
Turn unpaid sales invoices into ongoing cash flow. Select the diagram to request your funding review. Your customer has 30, 60 or 90 days to pay. Your wages and suppliers cannot always wait. Invoice finance releases cash from unpaid sales invoices so your business can keep moving. How does a £10,000 invoice become cash in…
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Can start-ups use invoice finance?
Yes. Start-up businesses can use invoice finance as soon as they raise eligible B2B invoices for completed work. They do not need years of filed accounts. The assessment focuses on the customers, invoices, evidence of completed work, directors’ experience and how credit control will be managed. This makes invoice finance particularly useful when a new…
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Payroll Due but Customers Have Not Paid?
Payroll Is Due but Customers Have Not Paid. What Can I Do? Go-Factor can release working capital from your unpaid B2B invoices, giving your business the cash it needs to pay wages without waiting for customers to settle. Get an indicative funding offer the same day and put funding in place within one week. Request…
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I Have Won a Large Contract but Cannot Afford to Start It. What Can I Do?
The answer Yes. Go-Factor can arrange the funding you need to start and deliver your new contract. We assess the requirement immediately, provide an indicative offer the same day and get funding in place within one week. This can give you the cash to pay wages, purchase materials, secure stock, acquire equipment and start work…
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Customers Owe You Money. Why Take an Expensive Business Loan?
A business loan can be approved in seconds but create months of repayments. If customers owe your business money, invoice finance could provide a stronger revolving cash-flow solution.
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Payroll Due Before Customers Pay? | Go-Factor UK
Unpaid customer invoices can create a serious payroll gap, even when the business is profitable. Payroll deadlines do not move simply because customers pay late. A business can be profitable, busy and owed substantial sums while still lacking the available cash needed to pay its employees. The direct answer: If your business has completed work…
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How much does invoice finance cost?
Invoice finance normally has two main costs: a service fee for operating the facility and a discount charge calculated on the funding actually used. The true price also depends on monthly minimums and any arrangement, audit, payment or bad-debt-protection charges. Go-Factor compares every element so directors can see the real annual cost not simply the…
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Invoice Finance for Small Businesses | Go-Factor
Yes. Invoice finance can suit a small UK business that raises invoices to other businesses for completed work and then waits to be paid. Suitability depends more on the quality of the invoices, customers and trading process than on business size alone. Go-Factor helps small businesses compare suitable invoice finance options without wasting time on…
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What percentage of an invoice can be funded?
Invoice finance commonly releases between 80% and 90% of an eligible unpaid B2B invoice. Some providers may offer up to 95%, while selected specialist facilities may reach 100%. The actual advance depends on the invoice, customer, business and facility terms. Go-Factor compares the advertised percentage with the cash genuinely available after customer limits, reserves and…
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Can Start Up Businesses Use Invoice Finance?
Yes. UK start-ups can use invoice finance without several years of accounts. The provider will concentrate on the quality of the customers, the underlying sale, the directors’ experience and whether each invoice represents completed, eligible business-to-business work. A new company is not automatically too young for invoice finance. However, company registration or a promising order…
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How Quickly Can Invoice Finance Release Cash?
Once an approved invoice finance facility is active, cash from an eligible invoice can often be available on the same working day or within 24 hours. Go-Factor can often obtain initial indicative terms within 24 to 48 hours when the required information is complete. Indicative terms are an early proposal not final approval or cleared…
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What Is Confidential Invoice Discounting?
Confidential invoice discounting releases working capital against eligible unpaid B2B invoices while your business retains control of its sales ledger, credit control and customer collections. The facility is not routinely disclosed to customers. Once a facility is active, funding against an approved invoice can often be available within 24 hours. That means faster access to…
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What Funding Can I Get After My Bank Has Declined Me?
A bank decline does not automatically mean your business cannot obtain funding. You may still be considered for invoice finance, asset finance, a revolving credit facility, trade finance, a specialist business loan or another form of commercial funding. The right option depends on why the bank declined the application, what the money will be used…
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Can I Fund Just One Invoice?
Can I Fund Just One Invoice? Yes. Single invoice finance, also called spot invoice finance, can release cash from one eligible unpaid B2B invoice without funding your complete sales ledger or entering an ongoing facility. Which invoices may qualify? A provider will normally require: A genuine invoice issued to another business or public-sector body. Completed…
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Can a New Business Get Invoice Finance?
A new business may qualify for invoice finance after securing B2B customers and raising eligible invoices. Yes. A new business can obtain invoice finance without several years of trading history. Go-Factor can assess suitable enquiries and approach appropriate invoice finance providers on the same day. What Makes a New Business Fundable? An invoice finance provider…
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Pay Wages Before Customers Pay | Go-Factor
Invoice finance can help an eligible business bridge the gap between paying wages and receiving customer payments. If your business has issued eligible invoices to other businesses, invoice finance may release cash before those customers pay. The funding can then support wages and other operating costs. Why Can a Profitable Business Struggle to Pay Wages?…
