ACF homepage
NEWS:
Homepage
About us
Members area
Credit management
Status reports
Slow payers
Litigation
Credit insurance
Factoring
Invoice discounting
Health insurance
Commercial finance
Keep me informed
News & regulations
Contact Us
Many established businesses are well run and fundamentally sound, yet constantly suffer from a debilitating shortage of cash which can eventually lead to the breakdown of profitable trading.

Invoice Discounting solves this problem. You continue to receive your customer's payments and manage your sales ledger and credit control activities. Invoice Discounting will give you a prepayment facility against your invoices of up to 80% and the balance when your customers pay.



The Benefits to you are:
  • No more cash flow headaches, leaving you free to concentrate on growing your business.
  • Receive cash on delivery but still give your customers the credit terms they have always enjoyed.
  • Improve your return on capital invested.

The service costs are divided into two areas:
  • Service charge and low interest loan.
  • Most companies find the finance costs less than a normal overdraft.
  • It depends entirely on your individual requirements and the workload involved.
  • As a guide, the service charge for invoice discounting would be in the range 0.2% to 0.7% of annual turnover.
  • The finance would be around 2% to 2.5% over base rate.


Why not call us today on: 01480 471615

you can email us at: info@angliancommercialfinance.co.uk

or use our online contact form
COVID-19 Update For more than 20 years we at Anglian Commercial Finance have built our business around a core value - always putting the interests of you, our customers, first. Our purpose as a company is to work together to ensure you have the facility to check credit risks on new and existing clients and that your customers pay you. We are here to support you in doing that through these challenging times. We want you to know that everyone at ACF is committed to helping you with all your financial needs. Serving you and keeping the team safe are our top priorities. We will do all we can to make it easy for you to connect with us in the way that you choose, whether over the phone on 01480 471615 or online at info@angliancommecialfinance.co.uk. Everyone at Anglian Commercial Finance want to thank you for being a valued Client. We wish you and your loved ones continuing good health in the coming months. From your ACF support team

COMPANIES IN DISTRESS The number of UK companies in financial distress has surpassed half a million, underlining the threat of a wave of business collapses from the coronavirus crisis. Distressed companies increased 3% to 506,946 in the first quarter of this year, according to figures from Begbies Tranor, the corporate restructuring business. If only 5% of these companies went into insolvency it would mean an additional 25,000 insolvent companies. That compares with a total number of corporate insolvencies last year of 17,196 according to the office of Statistics,

LATE PAYMENT Small and medium sized companies were owed a total of 23.4 billion in overdue bills at the end of 2019, an increase of 10.4 billion on 2018, recent research from BACS, the payment clearing organisation, found.

CASH FALLS BEHIND CREDIT CARDS Credit card payments have overtaken cash in British shops for the first time.Notes and coins were only the third most popular form of payment last year, the British Retail Consortium has said. Only 1 in every 5 spent over the counter was made in cash. Debit cards have remained the most popular payment method, amounting to more than half of all payments.