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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		 RETAIL SALES FALL AGAINRetail sales declined for the 13th consecutive month as already low consumer confidence has been worsened by anxiety before Rachel Reeves late November budget. A survey by the Confederation of British Industry found that sales volumes had decreased across the retail, wholesale and motor industries. It found that retail sales volumes had declined by 27% year on year and anticipated a higher rate of decline at 39% in November

HIRING FALLS TO 13 YEAR LOW Hiring confidence among UK employers is at its lowest for 13 years in spite of signs of a summer rebound in output, The April rise in employers national insurance, policy uncertainty and other cost pressures have pushed the indicator for employment to its weakest since 2012, according to the BDO Business Trends baroeter. Business confidence also fell in June compared with May and was under-whelming the accounting firm found after polling 4,000 companies.

. MORE RETAILERS GO BUST Retail insolvencies were 13.6 % higher in May, according to Coface, the credit insurer. The rise follows the increases to employer national insurance, the minimum wage, and the national living wage, which came into effect in April. Clothing and textiles retailers, and those selling electronic goods, saw the biggest rises in insolvencies.

INSOLVENCIES RISE The number of businesses becoming insolvent rose sharply last month as companies faced higher staff costs and continuing uncertainty over trading arrangements with the United States. Business insolvencies in England and Wales rose 15% to 2,238 in May compared with the same month a year ago, according data from the Insolvency Service. The number of creditors voluntary liquidations, through which a director chooses to close down the business, rose by 13% to 1,734 while the number of company administrations, which usually involve larger enterprises, was up by 12% to 136.