Use invoice finance to jump start your recovery

The coronavirus crisis is putting enormous pressure on businesses, driving some into administration, while others are forced to lay off employees and scale back due to the extended global lockdown. Even as they struggle to mitigate the damage, business leaders are asking themselves how they’ll manage to recover when restrictions on businesses and the free movement for consumers is finally lifted.

Many companies are already relying on debt and government support to remain afloat right now. When the time comes, many won’t have the access to sufficient credit or investment to finance their recovery, as seen in the report commissioned by our colleagues at Bibby Financial Services. Once the Government support ends, many of the intermediaries surveyed see an increase in working capital support needed. Many see a tightening in lending from the mainstream providers and envisage many SME’s looking increasingly at non-bank lenders and alternative funding solutions when the cash flow pressures really kick in.

Companies need alternative financing options like invoice finance and trade finance to get their operations moving again, we have seen an increase in enquiries in Q3 and 4 as the report suggests, 81% of respondents are recommending invoice finance to their clients who have been rejected for CBILS. This provides businesses with fast access to cash that they can use to jumpstart their operations and stimulate renewed growth, which they’ll be able to use to bring back investors, and to access new sources of credit.

To discuss the funding options available to your business. Please do not hesitate to contact us on 0161 280 4220 or lynnew@regencyfactors.com

what is invoice finance? invoice finance for recruitment, invoice finance for dummies, invoice finance for new business, invoice finance for startups, invoice finance with recourse, invoice finance meaning, invoice finance for small business, factoring example, invoice finance, invoice finance, invoice finance UK, how many businesses use invoice finance, why use invoice finance, why invoice finance, what is invoice finance, invoice finance and factoring, invoice finance and asset based lending, invoice finance agreement, invoice finance advantages, invoice finance arrangement, invoice finance alternative funding, invoice finance for new business, invoice finance blog, invoice finance bad credit, invoice finance benefits, invoice finance case study, invoice debtor finance, export invoice finance, easy invoice finance limited, invoice finance facts, invoice finance flowchart, invoice finance companies manchester

what is invoice finance? invoice finance for recruitment, invoice finance for dummies, invoice finance for new business, invoice finance for startups, invoice finance with recourse, invoice finance meaning, invoice finance for small business, factoring example, invoice finance, invoice finance, invoice finance UK, how many businesses use invoice finance, why use invoice finance, why invoice finance, what is invoice finance, invoice finance and factoring, invoice finance and asset based lending, invoice finance agreement, invoice finance advantages, invoice finance arrangement, invoice finance alternative funding, invoice finance for new business, invoice finance blog, invoice finance bad credit, invoice finance benefits, invoice finance case study, invoice debtor finance, export invoice finance, easy invoice finance limited, invoice finance facts, invoice finance flowchart, invoice finance companies manchester