forshaw associates ltd

Really Useful Factoring is our Invoice Finance Broking service (sometimes referred to as Trade Finance, Invoice Discounting, Invoice Factoring or Confidential Invoice Discounting (CID)) Means that we can help your business improve it's cash flow. By providing an immediate injection of cash against the value of your outstanding invoices which are usually a company's greatest asset. We have an impressive panel of Invoice Factoring or Discounting financiers across Lancashire, the North West and Nationally at our fingertips each with their own specific specialities.

For instance we could assist you with: Improving your business cash flow Customers who pay late Trading with foreign companies with more confidence Accessing funding to fulfil a specific order Out-sourcing credit managment By using either : Invoice Factoring Confidential Invoice Discount (CID) Utilisation of the credit management team

Guide to Business Finance in turbulent times

Guide to Commercial Finance from Really Useful Factoring

Should you wish to apply for Invoice Factoring please complete this application

Proposal for for invoice finance

 

The Asset Based Finance Association (ABFA)

has released a glossary of basic terms and product descriptions to help to clarify the products available from the asset-based finance industry. This document has been put together to help members of the public understand the use of asset-based finance as a generic term to describe the industry as a whole, and the products that come under that banner of, factoring, invoice discounting and asset-based lending.

ABFA Glossary

ABFA Overview May 2009

As you raise an invoice, the funding can release up to a percentage of the value of that invoice, say for instance 85% usually within 24hrs. The remaining balance is then paid to you, less a small service fee, once payment is received from your customer. This means your business has access to an ongoing supply of cash linked to your sales. So as your business grows so does the amount of funding available to you. How Much Does It Cost? As o ur services are tailored to your business so the fees will depend upon your specific needs. However, generally there are two types of fee. The first is the cost of the money you use, The second is a service fee. Our initial consultation is FREE of CHARGE.

Forshaw Associates Limited only deal with Limited Companies for lines of credit over £25,000.