ACF completes single invoice finance purchases

ACF single invoice finance purchases completed
ACF was a former trading name used by Dr Singh (director and founder of Cash for Invoices Limited) for single invoice purchases whilst he was self-employed and used his own risk capital.  

​1 ACF completes single invoice finance transactions for South East roofing company: £1300 Advance
ACF completed the purchase of two invoices worth a combined £2500 for a South East roofing company. Both invoices were for under 30 days and purchased in separate transactions. Funds were released by ACF within minutes of document approval. Here's what the company's director had to say about ACF's single invoice finance service:
"I would like to honour what a great helpful service this has been for my business, with such little help at the write [sic] time my busineess has improved and its with many thanks to Mr Singh and his finanance company such a great way of financing your business at very low cost"

2 ACF completes single invoice finance transactions for South East online retailer: £3263 Advance
ACF completed the purchase of two invoices worth a combined £3263 for a South East online retailer. Both invoices were for 30 days. Funds were released by ACF within minutes of document approval.

3 ACF completes single invoice finance transaction for London recruitment firm: £1462 Advance
ACF completed the purchase of two invoices worth £1140 each for a London recruitment firm. One was for 45 days the other 90 days.

4 ACF completes single invoice finance transaction for London media firm £5250 Advance
ACF completed the purchase of an invoice worth £6000 for London media firm, PWR Media Ltd. Unusually, the invoice was 188 days to settlement, illustrating the flexibility and willingness of ACF to purchase long-dated invoices.
PWR director Paul Williams says:
“'ACF provide a prompt, efficient and friendly service that has helped us provide credit to existing clients whilst increasing our own business cash flow. I would choose ACF over an overdraft or small business loan from any other source'.

5 ACF completes single invoice finance transaction: £454.50 Advance
Applied Corporate Finance has completed a single invoice finance transaction.
A SME was paid £454.50 (94%) by ACF for its £484.50 invoice, and the balance is due in 39 days when the invoice settles

6 ACF completes single invoice finance transaction:£612 Advance
Applied Corporate Finance has completed a single invoice finance transaction.
A SME was paid £612 (85%) by ACF for its £720 invoice, within 12 hours, plus £63 when the invoice settles.
ACF's fee for providing 175 days of cashflow? ….Just £45

7 ACF completes single invoice finance transaction:£720 Advance
A media company sold one of its invoices to ACF with a value of just £720 inc VAT. ACF paid the company 85% (£612) within 12 hours of two simple documents being signed, and agreed to pay the balance of 15%, less ACF's fee, when the debtor finally settled the invoice.  Without ACF's help, the media company would have collected the invoice payments in monthly instalments over 175 days. 
ACF's fee for providing 175 day cashflow? Just £45

What is single invoice finance?
Cash for Invoices Limited offers single invoice finance (sometimes called spot factoring or selective invoice finance)  - a type of debt factoring that has key advantages over conventional debt factoring and invoice finance:

• NO   security.  No debenture or personal guarantee is provided by the invoice seller.  This makes the funding process less complicated, less expensive, and quicker to complete for the seller
• NO   commitment to sell an invoice. The seller has no obligation to sell its entire sales ledger to the funder.  The seller might be flush with cash at times yet with debt factoring it is forced to take funds from the factoring company, and pay associated costs of the facility.  This is inefficient and undesirable.  Single invoice finance from Cash for Invoices Limited requires no commitment so is far more efficient as a source of funds - used only when the seller wants funding.  Because there is no ongoing funding, associated costs are avoided.
• Almost all types   of businesses eligible.  Cash for Invoices Limited is available for many types of organisation.  In addition to limited companies, this includes LLPs, charities, social enterprises and academic institutions.  Single invoice finance from Cash for Invoices Limited opens up a new source of alternative finance for these organisations that might have found it difficult to find funding from other sources.
• Sell just one   invoice.  Since no facility is set up and no commitment is required to sell its entire sales ledger, the seller may sell just one invoice, and whenever it chooses.  With single invoice finance from Cash for Invoices Limited, the seller is in control of funding not the factoring company or bank lender.
• One   fee only  Since no facility is created with single invoice finance from Cash for Invoices Limited, there are no ongoing costs of financing nor none of the associated set up or termination costs
• No recourse   (beyond retention) if the invoice debtor defaults  If the debtor fails to pay on time, some factoring companies sell the invoice back to the seller and demand a return of money it gave to purchase the invoice.  Once an invoice, Cash for Invoices Limited retains credit risk
• Credit protection included   - some funders add a charge if the seller wants to completely transfer the risk of default by the debtor.  Single invoice finance from Cash for Invoices Limited does not charge extra for credit protection.

To find out more about Cash for Invoices Limited's single invoice finance service contact Cash for Invoices Limited or call 0208 987 0429.  Cash for Invoices Limited will consider invoices sold by businesses (or their customers) located in Ealing, Hounslow, Hammersmith, Richmond, Kingston, Harrow, Acton, Brentford, Chelsea, Kensington, Holland Park, Barnet, and the north, south, centre, and east of London, plus other regions of England, Wales, and Scotland, and overseas.