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Showing posts from November, 2020

What is Invoice Discounting Plan and How it Can Help Your Business Grow?

  Invoice factoring and discounting  are asset-based working capital solutions offered by lenders to help businesses with their cash flow issues. The lender essentially provides business owners with an amount of cash that is based on a certain percentage of their unpaid invoices. This way, they can get immediate access to funds while waiting for their customers to pay. Invoice factoring and discounting can help boost capital and prevent disruptions on operations due to lack of funding. They are some of the best alternatives to bank loans because the chances of getting approved are high and the funds are usually available just one or two days after the request.  Generally, the  invoice finance factoring  and discounting process looks like this:  Step 1: A business creates invoices for their customers after selling their goods or providing services. Step 2: The invoices will be sent to the lender. Step 3: The lender sends the money that is equivalent ...

Creditor Services in the UK — Helping You Collect

Are you currently dealing with uncollected debt? You are not alone. Many creditors see unprecedented levels of loan defaults because of the economic impact of the pandemic. You might need the help of reliable  creditor services  to ensure that you can get at least some of your investment back through debt recovery, insolvency, dispute resolution, and other methods.   There is no doubt that collecting debt from insolvent debtors is difficult, especially if you don’t have enough experience. Fortunately, several  financial consulting firms in the UK  can take the huge weight off your shoulders. Choose a company that specialises in financial restructuring and recovery for resolving creditor issues. A good one can help you recoup outstanding debts efficiently and immediately, while also helping you avoid contentious situations. They may be able to offer forensic investigation, dispute resolution, enforcement and insolvency, asset tracing, or simple debt recove...