Category Archives: Uncategorised

BofE base rate kept at 0.5% – are you benefiting?

Posted on 8th June 2011 by Ian Hepworth

The Bank of England base rate will remain at 0.5%. It is publicised that this is good news for borrowers but bad news for savers. If you are an invoice finance client there is a good chance you are operating … Continue reading →

Posted in Uncategorised | Tagged banking, base rate, Costs, factoring, increase profits, invoice discounting, invoice finance, smart factoring quotes | Leave a comment

Beware indicative terms

Posted on 7th June 2011 by Ian Hepworth

We often speak to clients who say they have an “offer” from another lender. Typically this is nothing more than indicative terms and really should not be relied upon. Most lenders will follow the following process: Initial meeting Follow up … Continue reading →

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Overdraft or Invoice Finance

Posted on 5th June 2011 by Ian Hepworth

I am often asked whether an invoice finance facility is cheaper than an overdraft facility. In short the answer is ‘no’. An invoice finance facility is typically more expensive than an overdraft facility. This is because of the workload involved … Continue reading →

Posted in Uncategorised | Tagged banking, invoice finance, overdraft, smart factoring quotes | Comments Off

Good luck in 2012

Posted on 29th January 2011 by Ian Hepworth

As 2011 draws to an end we wanted to wish everyone all the best for the New Year. 2011 proved to be another challenging year in difficult economic times. A lot of SME’s still feel let down by our banks and … Continue reading →