The UK manufacturing industry is the backbone of our economy, therefore it is key that your continued growth is supported by having the appropriate levels of funding available to you when you need it.
The manufacturing industry is both versatile and fast paced, with constant investment needed to maintain a competitive advantage. It's therefore vital to have a healthy cash flow to support you in this. We can release up to 85% of the invoice value the day its raised, allowing staff and suppliers to be paid.
If your clients prefer to pay for their goods on 30 or 60 day terms, chances are you’re being forced to strike a difficult balance in order to pay everyday expenses such as payroll, suppliers, machinery repair and building rental. It can also sometimes be tough to keep up with the ever changing technological advancements that are on offer which could potentially offer a competitive advantage. If your funds are being tied up in unpaid invoices it can sometimes be hard to fund such ventures.
Alternative sources of finance can be vital for a manufacturer's success. Invoice finance offers a practical, long-term solution that can really streamline your business. As well as helping to cover the day to day costs like raw materials, utility bills and wages it lets you invest in ways that can benefit your company in the long term and help you to win more contracts in the future.
How to apply
Call us today on 0808 274 5092 to speak to one of our UK advisors about how an invoice finance facility could benefit your company. Alternatively fill in our 'Contact Us' form and we will get back to you as soon as possible.
For an informal discussion in regards to your cash flow needs please contact us on