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 Your Same-Day Indicative Offer
You do not have to wait 30, 60 or 90 days for customers to pay. Invoice finance can release cash from eligible unpaid invoices, helping you meet payroll, pay suppliers and continue trading.
How Go-Factor Solves the Problem
Send us your aged-debtor report, largest customer balances and the amount of cash required.
Go-Factor identifies the funders most likely to support your business and negotiates the strongest facility.
Go-Factor can obtain an indicative offer the same day and put your invoice finance facility in place within one week.
Why Use Invoice Finance for Payroll?
Payroll cannot wait for late-paying customers. Invoice finance turns unpaid B2B invoices into accessible working capital, so your business can meet its commitments and continue growing.
The facility revolves with your sales. As your business raises more eligible invoices, more funding can become available.
What the Funding Can Cover
- Weekly or monthly payroll
- PAYE, VAT and other HMRC payments
- Suppliers and subcontractors
- Fuel, materials and operating costs
- New contracts and increased orders
- Recruitment and business growth
Can a New Business Get Invoice Finance?
Yes. New businesses will not have years of accounts. Invoice finance focuses on the invoices being raised, the strength of the customers and the underlying trading position.
This makes it particularly effective for new recruitment agencies, healthcare staffing companies, haulage businesses, contractors, manufacturers and distributors that must pay wages or suppliers before their customers pay.
Should I Approach Every Invoice Finance Provider?
No. Approaching multiple providers can cause unnecessary credit searches against your company, flood the funding market and weaken your position before the right funder has assessed the opportunity.
Go-Factor coordinates the process, selects the strongest funders and presents your business properly. You save time, avoid unnecessary searches and gain an experienced professional negotiating on your behalf.
What Does Go-Factor Need Today?
Start with a quick conversation. Tell Go-Factor about your business, why payroll is under pressure and how much funding you need. Go-Factor will assess your requirements, speak to the right funders and move the strongest solution forward immediately. You will receive an indicative offer on the same day. You do not need to compete a complicated application before speaking to us.
Customers Have Not Paid and Payroll Is Due?
Speak to Go-Factor today. We can obtain an indicative funding offer the same day and put invoice finance in place within one week.
Request Your Same-Day Indicative OfferFunding is subject to funder approval and agreed facility terms.
