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:
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