• 10 Sep

    How To Overcome Invoice Finance Funding Restrictions

    We have been dealing with a prospect who has invoice finance from a provider that has imposed some heavy funding restrictions.

    The existing invoice finance company were only funding at a low percentage but they had also set their client a completely unrealistic target for debtor days with a reduction of 1% in their funding percentage for every day by which they exceeded the target! This had caused them horrific funding restrictions despite their debtor days being significantly below the average achieved across the invoice finance industry.

    We were tasked with finding them a way to overcome their invoice finance funding restrictions. So we have managed to find them a provider that will increase their basic funding percentage by over 30% but also lift the unrealisting funding penalties.

    By Glenn Blackman

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Examples of funders we work with:

berkeley
apollo business finance
ifg
igf
funding invoice
ultimate finance group