|
The FT reports that banks charge small companies many times more than the charges big companies pay for FX hedges - proving quantitatively what many suspected anecdotally. SMEs should use invoice finance
What is an invoice? Invoices are a form of trade receivable, i.e., they are an asset on a company's balance sheet representing money to be received by that company at some future date - at the time the debtor pays the invoice. At that time, the debtor (payer of the invoice) will no longer appear on the company's balance sheet and instead it will be replaced by an equal amount of cash (which is also an asset). There is no net increase or decrease in assets, merely conversion from one to another. Bad debt? If that debtor does not pay, then the asset will be written off as a bad debt (a cost in the profit & loss account) and assets will then reduce (no cash came in). Granting time (credit) to buyers to pay for their purchases is therefore an example of credit risk for the company giving time. If later - perhaps through credit collection procedures - the debtor pays the invoice, then the bad debt is added to the p&l as a profit (income) and cash increased by the amount received. The assets increase and are offset by an increase in profit (equity on the balance sheet). All is well again. Selling an invoice to Cash for Invoices Limited Before the debtor defaults, the company can sell the invoice to a company such as Cash for Invoices Limited that will offer to buy just one invoice when the company wants to sell. There is no commitment for the company to sell, and no commitment for Cash for Invoices Limited to buy. The company wants to exchange an invoice for cash - perhaps it needs the cash sooner than the invoice payment date. Cash for Invoices Limited will make an offer after conducting due diligence on the selling company and on the debtor especially. The debtor is a key concern for Cash for Invoices Limited because if there is a subsequent default then Cash for Invoices Limited will not require the seller to buyback the invoice. The sale is therefore non-recourse and Cash for Invoices Limited has to suffer the consequences of a default. It will commence steps to recover the debt. These can include issuing letters for payment, appointing a solicitor, making a court claim, or making a claim under a credit insurance policy. Retention to mitigate credit risk To mitigate the potential costs of trying to recover payment on an invoice that Cash for Invoices Limited purchased but which goes into default, Cash for Invoices Limited will retain up to 10% of the value of that invoice from the purchase price. If there is no default (the debtor pays the invoice on time and in full) then Cash for Invoices Limited will pay the retention to the seller when the debtor pays the invoice. Features of single invoice finance offered by Cash for Invoices Limited In addition to being non-recourse, Cash for Invoices Limited does not require a commitment from the seller to sell all its invoices, nor will Cash for Invoices Limited charge an arrangement fee for a purchase. Cash for Invoices Limited will not ask for ongoing fees because there is no facility between the seller and Cash for Invoices Limited. The transaction is entered into whenever the company needs cash and Cash for Invoices Limited agrees to purchase the single invoice or multiple invoices. Compared to bank factoring facilities, Cash for Invoices Limited's single invoice finance service is far more simple and has no tie-ins and far fewer fees, just one. Cash for Invoices Limited's single invoice finance service therefore helps companies (sole traders and SMEs) who need cash. Business loans Cash for Invoices can also provide small business loans. 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 businesses and debtors 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. .
UK banks will be forced by to charge the same on unauthorised Overdrafts as authorised ones from 2020, says Financial Times Even so, businesses in need of cash should use single invoice finance What is an invoice? Invoices are a form of trade receivable, i.e., they are an asset on a company's balance sheet representing money to be received by that company at some future date - at the time the debtor pays the invoice. At that time, the debtor (payer of the invoice) will no longer appear on the company's balance sheet and instead it will be replaced by an equal amount of cash (which is also an asset). There is no net increase or decrease in assets, merely conversion from one to another. Bad debt? If that debtor does not pay, then the asset will be written off as a bad debt (a cost in the profit & loss account) and assets will then reduce (no cash came in). Granting time (credit) to buyers to pay for their purchases is therefore an example of credit risk for the company giving time. If later - perhaps through credit collection procedures - the debtor pays the invoice, then the bad debt is added to the p&l as a profit (income) and cash increased by the amount received. The assets increase and are offset by an increase in profit (equity on the balance sheet). All is well again. Selling an invoice to Cash for Invoices Limited Before the debtor defaults, the company can sell the invoice to a company such as Cash for Invoices Limited that will offer to buy just one invoice when the company wants to sell. There is no commitment for the company to sell, and no commitment for Cash for Invoices Limited to buy. The company wants to exchange an invoice for cash - perhaps it needs the cash sooner than the invoice payment date. Cash for Invoices Limited will make an offer after conducting due diligence on the selling company and on the debtor especially. The debtor is a key concern for Cash for Invoices Limited because if there is a subsequent default then Cash for Invoices Limited will not require the seller to buyback the invoice. The sale is therefore non-recourse and Cash for Invoices Limited has to suffer the consequences of a default. It will commence steps to recover the debt. These can include issuing letters for payment, appointing a solicitor, making a court claim, or making a claim under a credit insurance policy. Retention to mitigate credit risk To mitigate the potential costs of trying to recover payment on an invoice that Cash for Invoices Limited purchased but which goes into default, Cash for Invoices Limited will retain up to 10% of the value of that invoice from the purchase price. If there is no default (the debtor pays the invoice on time and in full) then Cash for Invoices Limited will pay the retention to the seller when the debtor pays the invoice. Features of single invoice finance offered by Cash for Invoices Limited In addition to being non-recourse, Cash for Invoices Limited does not require a commitment from the seller to sell all its invoices, nor will Cash for Invoices Limited charge an arrangement fee for a purchase. Cash for Invoices Limited will not ask for ongoing fees because there is no facility between the seller and Cash for Invoices Limited. The transaction is entered into whenever the company needs cash and Cash for Invoices Limited agrees to purchase the single invoice or multiple invoices. Compared to bank factoring facilities, Cash for Invoices Limited's single invoice finance service is far more simple and has no tie-ins and far fewer fees, just one. Cash for Invoices Limited's single invoice finance service therefore helps companies (sole traders and SMEs) who need cash. Business loans Cash for Invoices can also provide small business loans. 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 businesses and debtors 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. Brexit has decimated UK car industry. 80% fall in investment, plus foreign carmakers in the UK are looking to make their new models in car plants located overseas instead of in the UK. (Financial Times report]
Businesses in need of cash can use single invoice finance or factoring What is an invoice? Invoices are a form of trade receivable, i.e., they are an asset on a company's balance sheet representing money to be received by that company at some future date - at the time the debtor pays the invoice. At that time, the debtor (payer of the invoice) will no longer appear on the company's balance sheet and instead it will be replaced by an equal amount of cash (which is also an asset). There is no net increase or decrease in assets, merely conversion from one to another. Bad debt? If that debtor does not pay, then the asset will be written off as a bad debt (a cost in the profit & loss account) and assets will then reduce (no cash came in). Granting time (credit) to buyers to pay for their purchases is therefore an example of credit risk for the company giving time. If later - perhaps through credit collection procedures - the debtor pays the invoice, then the bad debt is added to the p&l as a profit (income) and cash increased by the amount received. The assets increase and are offset by an increase in profit (equity on the balance sheet). All is well again. Selling an invoice to Cash for Invoices Limited Before the debtor defaults, the company can sell the invoice to a company such as Cash for Invoices Limited that will offer to buy just one invoice when the company wants to sell. There is no commitment for the company to sell, and no commitment for Cash for Invoices Limited to buy. The company wants to exchange an invoice for cash - perhaps it needs the cash sooner than the invoice payment date. Cash for Invoices Limited will make an offer after conducting due diligence on the selling company and on the debtor especially. The debtor is a key concern for Cash for Invoices Limited because if there is a subsequent default then Cash for Invoices Limited will not require the seller to buyback the invoice. The sale is therefore non-recourse and Cash for Invoices Limited has to suffer the consequences of a default. It will commence steps to recover the debt. These can include issuing letters for payment, appointing a solicitor, making a court claim, or making a claim under a credit insurance policy. Retention to mitigate credit risk To mitigate the potential costs of trying to recover payment on an invoice that Cash for Invoices Limited purchased but which goes into default, Cash for Invoices Limited will retain up to 10% of the value of that invoice from the purchase price. If there is no default (the debtor pays the invoice on time and in full) then Cash for Invoices Limited will pay the retention to the seller when the debtor pays the invoice. Features of single invoice finance offered by Cash for Invoices Limited In addition to being non-recourse, Cash for Invoices Limited does not require a commitment from the seller to sell all its invoices, nor will Cash for Invoices Limited charge an arrangement fee for a purchase. Cash for Invoices Limited will not ask for ongoing fees because there is no facility between the seller and Cash for Invoices Limited. The transaction is entered into whenever the company needs cash and Cash for Invoices Limited agrees to purchase the single invoice or multiple invoices. Compared to bank factoring facilities, Cash for Invoices Limited's single invoice finance service is far more simple and has no tie-ins and far fewer fees, just one. Cash for Invoices Limited's single invoice finance service therefore helps companies (sole traders and SMEs) who need cash. Business loans Cash for Invoices can also provide small business loans. 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 businesses and debtors 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. The Financial Times reported that Ted Baker blames its profit being being below expectations on unseasonably cold weather and heavy discounting. Underlying profit fell 94% What's its solution? Cost-cutting and new designs.
It should have used single invoice finance or factoring. What is an invoice? Invoices are a form of trade receivable, i.e., they are an asset on a company's balance sheet representing money to be received by that company at some future date - at the time the debtor pays the invoice. At that time, the debtor (payer of the invoice) will no longer appear on the company's balance sheet and instead it will be replaced by an equal amount of cash (which is also an asset). There is no net increase or decrease in assets, merely conversion from one to another. Bad debt? If that debtor does not pay, then the asset will be written off as a bad debt (a cost in the profit & loss account) and assets will then reduce (no cash came in). Granting time (credit) to buyers to pay for their purchases is therefore an example of credit risk for the company giving time. If later - perhaps through credit collection procedures - the debtor pays the invoice, then the bad debt is added to the p&l as a profit (income) and cash increased by the amount received. The assets increase and are offset by an increase in profit (equity on the balance sheet). All is well again. Selling an invoice to Cash for Invoices Limited Before the debtor defaults, the company can sell the invoice to a company such as Cash for Invoices Limited that will offer to buy just one invoice when the company wants to sell. There is no commitment for the company to sell, and no commitment for Cash for Invoices Limited to buy. The company wants to exchange an invoice for cash - perhaps it needs the cash sooner than the invoice payment date. Cash for Invoices Limited will make an offer after conducting due diligence on the selling company and on the debtor especially. The debtor is a key concern for Cash for Invoices Limited because if there is a subsequent default then Cash for Invoices Limited will not require the seller to buyback the invoice. The sale is therefore non-recourse and Cash for Invoices Limited has to suffer the consequences of a default. It will commence steps to recover the debt. These can include issuing letters for payment, appointing a solicitor, making a court claim, or making a claim under a credit insurance policy. Retention to mitigate credit risk To mitigate the potential costs of trying to recover payment on an invoice that Cash for Invoices Limited purchased but which goes into default, Cash for Invoices Limited will retain up to 10% of the value of that invoice from the purchase price. If there is no default (the debtor pays the invoice on time and in full) then Cash for Invoices Limited will pay the retention to the seller when the debtor pays the invoice. Features of single invoice finance offered by Cash for Invoices Limited In addition to being non-recourse, Cash for Invoices Limited does not require a commitment from the seller to sell all its invoices, nor will Cash for Invoices Limited charge an arrangement fee for a purchase. Cash for Invoices Limited will not ask for ongoing fees because there is no facility between the seller and Cash for Invoices Limited. The transaction is entered into whenever the company needs cash and Cash for Invoices Limited agrees to purchase the single invoice or multiple invoices. Compared to bank factoring facilities, Cash for Invoices Limited's single invoice finance service is far more simple and has no tie-ins and far fewer fees, just one. Cash for Invoices Limited's single invoice finance service therefore helps companies (sole traders and SMEs) who need cash. Business loans Cash for Invoices can also provide small business loans. 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 businesses and debtors 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. Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier.
Invoices from just £250 upwards can be bought for immediate cash. NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier.
Invoices from just £250 upwards can be bought for immediate cash. NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Carphone Warehouse fined £30m for misselling, again
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Cost of unravelling WPP post-Sorrell has hit profits 30%. WPP’s growth through acquisitions left it unwieldlty and with internal conflicts, plus it missed the boat on social media competitors such as FBook & Google and moving online. [Eve Std 01/03/19] – Use single invoice finance
Hedge Fund Man Group cuts bonuses after 2018 equity market falls and erratic volatility generated much lower performance fees [Eve Std 01/03/19] – Use single invoice finance
Jupiter Bond Fund sees investor outflows as int rates rise, and triggers cost-cutting spree and a fall in profits [Eve Std 01/03/19] – Use single invoice finance
Forecast that use of coal is going to wind-down. Should use single invoice finance from London-based Cash for Invoices instead.
Telefonica under threat of having its massive takeover reversed- Should use single invoice finance from London-based Cash for Invoices instead.
A change in investor risk appetite and tax law reduces the attraction for VCTs. Should use single invoice finance from London-based Cash for Invoices instead.
Leveraged cov-ite loans are full of rubbish, and investors delude themselves they are not.
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO SECURITY REQUIRED, NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Segro places shares. It specialises in investment in building and managing warehouses. Its buildings are in demand from online retailers needing warehouse space.
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO SECURITY REQUIRED, NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Documentary on corporate scandals.
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO SECURITY REQUIRED, NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Documentary: Dot Con (Frontline 2002)
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO SECURITY REQUIRED, NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. Papua New Guinea (PNG) politicians steal Australian Aid ($1.5bn per annum) and transfer it back to Australia - into Australian property. PNG officials also inflate Australian lawyers’ legal fees as a way to transfer money (bribes) out (secretively) of PNG into Australia.
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO SECURITY REQUIRED, NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. “Recent findings show that CEOs tend to backdate their stock option grants so that a past date on which the stock price was particularly low is picked to be the grant date. Using cases now settled concerning a group of firms that were caught backdating,”
Try Single Invoice Finance. Cash for Invoices Limited's single invoice finance service helps companies (sole traders, SMEs, charities or social enterprises). How can it help? When you either need cash quicker than the due date on invoices you've issued, or when you need more time to pay an invoice to your supplier. Invoices from just £250 upwards can be bought for immediate cash. NO SECURITY REQUIRED, NO ARRANGEMENT FEES, NO COMMITMENT TO SELL AN INVOICE, NO EXIT FEES. PAY AS YOU GO 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. PG&E energy utility seeks chap 11. They should have gone to Cash for Invoices Limited in Chiswick W4 London and used single invoice finance
Venezuelan bonds rally. They should have gone to Cash for Invoices Limited in Chiswick W4 London and used single invoice finance
Rising value of European emissions allowances. They should have gone to Cash for Invoices Limited in Chiswick W4 London and used single invoice finance
Ecuador issues $1bn at 10.75%, They should have gone to Cash for Invoices Limited in Chiswick W4 London and used single invoice finance
Company speeds into action at threat of downgrade, Should have used single invoice finance from Cash for Invoices Limited in London W4
Eight unnamed EU banks accused of collusion in pricing in sovereign bond markets. They should have gone to Cash for Invoices Limited in Chiswick W4 London and used single invoice finance
|
