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Tag Archives: invoice finance
BofE base rate kept at 0.5% – are you benefiting?
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
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Tagged banking, base rate, Costs, factoring, increase profits, invoice discounting, invoice finance, smart factoring quotes
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Overdraft or Invoice Finance
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
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All the best for the festive season
The Smart factoring Quotes team would like to wish everyone all the best for the festive season. It has been a challenging year for many businesses that we have spoken with. Hopefully 2012 will bring easier times. Preis Leistungsverhältnis stimmt, … Continue reading
Good luck in 2012
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