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Tag Archives: Costs
Factoring Dispursements – the hidden costs.
When speaking to clients and reviewing their factoring and invoice discounting facilities I am often amazed at how much their dispursements are. What amazes me more is often they don’t actually know what what those dispursements are. It is not … Continue reading
Factoring fees. Are they increasing?
The headline rates for factoring fees seem to be reducing again as lenders return to the market and competition increases. This is obviously good news. However, there does seem to be a lot of additional fees being introduced by lenders. … Continue reading
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Tagged base rate, brokers, Costs, factoring, invoice discounting, invoice finance, minimum fees, reduce costs
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New Year – New Finance Facility?
As it is the new year would it be worth reviewing your finance facility? It is probably a worthwhile exercise for the following reasons: Drugs med blodkars, udvidende virkning så vil du blive. Erektile generic viagra the good a section … Continue reading
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Tagged Costs, factoring, increase profits, invoice discounting, invoice finance, reduce costs, smart factoring quotes
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Are minimum fees increasing your costs?
If you have an invoice finance facility where the minimum fees are being charged each month then the likelihood is that you are paying too much for your facility. The minimum fee will be the default charge where your monthly … Continue reading
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Tagged Costs, factoring, increase profits, invoice finance, reduce costs, smart factoring quotes
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Does factoring impact on profits?
Factoring most definitely impacts on profits. Let’s have a look at the different ways factoring can impacts on profits. The most obvious way is by reducing profits because of the costs involved. Factoring has a definite and not insignificant cost … Continue reading
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Tagged Costs, increase profits, increase sales, invoice finance, reduce costs, smart factoring quotes
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Latest client – low minimum fees – ice cream company
We were recently approached by a company that sells ice creams and jams to independent shops. They were looking to offer credit terms to their customers with a view to increasing sales and gaining competitive advantage. However, as a small … Continue reading
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Tagged Costs, factoring, minimum fees, reduce costs, smart factoring quotes
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Why use a factoring broker?
Invoice finance facilities can be fairly complex when you look at how they calculate the cash generated and also the costs involved. In short the headline rates do not give the full picture. Invoice finance can be costly and typically … Continue reading
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Tagged brokers, Costs, factoring, increase profits, invoice discounting, invoice finance, minimum contract period, smart factoring quotes
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We have reduced a clients service fee by over 50%
We have been working with a print company who were using their own bank to provide invoice finance facilities. They enquired via our website about reviewing their facility. We discovered that their bank had essentially been overcharging them for the … Continue reading
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Tagged banking, Costs, factoring, increase profits, invoice discounting, invoice finance, reduce costs, smart factoring quotes
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Understanding Factoring Costs
Factoring costs can be quite difficult to understand if you do not know what to look out for. There is a page on the site advising people how best to minimise factoring costs. I thought it might be an idea … Continue reading
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Tagged Costs, factoring, invoice finance
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Latest Client – Engineering Company
We were recently asked to help an engineering business who wanted to leave their existing funder who was a high street bank. The business taking the opportunity to implement a new strategy which was to focus on higher margins and … Continue reading
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Tagged banking, Costs, engineering, factoring, invoice finance, reduce costs, smart factoring quotes
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