Invoice finance can help secure the scale up SMEs are looking for, in returning to normal business activity.
Looking for rapid return back to financial health? This may be putting the cart before the horse. SMEs need to look at rebuilding a strong financial base, with capital in the bank, not easy whilst paying for daily operations. Time for consistent cash flow.
BUILDING THE BASE
Building up strong cash reserves places SMEs in the best position to grow consistently and quickly.
As businesses add new resources, capital, people or technology to help drive sales and development, and increase revenue, they may see the increase in activity, costs and productivity, without the consistent cash flow.
Invoice finance companies like GRENKE will pay up to 90% of the invoice value within 24 hours. Secure those payments and build your cash reserves for future projects.
It can take a great deal of resources to sustain constant growth. The key difference with growth and the idea of scaling is that scale is only achieved by increasing the revenue without incurring significant costs.
Invoice Finance is an incredibly cost effective way of securing cash flow. Rather than losing resources internally to chasing payments, a professional receivables management team, work with debtors to secure payment, all for a fixed fee.
See your sales activity rise, without the administrative costs.
GROW WITH GRENKE
As your business grows, your cash flow grows with you. Unlike traditional cash flow solutions, invoice finance has a proven ability to be flexible.
Happy to wait on some invoices / debtors, but not others? Select the invoices or debtors you wish to finance, increase your credit facility, and work with Account Managers to find the perfect balance for your business. Our modular product line offers our clients the support they need.
GRENKE offer an exemplary invoice finance service with simplified approval, free credit checks on debtors, expert and professional receivables management and the cash SMEs in the UK need to scale up.
If you are looking for finance to scale up your business or your clients, speak to us TODAY!