When your business needs access to working capital, what are your options? Many small and medium enterprises find it difficult to obtain traditional bank finance in this economy; and even when they do, the approval and processing period can last weeks, sometimes even months.   Invoice factoring...

Asset-based finance, a term used to describe funding against a range of balance sheet assets including invoices, is a well-established and fast-growing financing strategy that is used by businesses on a global scale. In the UK, for example, organisations are increasingly opting for asset-based finan...

Late invoice payments are a major headwind for many business owners. This is an issue of particular concern for companies in the small and medium enterprise (SME) sector, because SMEs generally have fewer resources and their cash flows are more at risk when their debtors take months to pay. As a bus...

When you have been running a business for any length of time, you know that there will always be ups and downs – no matter whether you’re navigating broader economic challenges or operating in a market that is characterised by seasonal demand. However, some companies seem to be able to handle th...

Like all financing strategies, factoring has evolved over the centuries to keep pace with developments in the commercial world and the legal sphere, as well as the emergence of technology such as air travel, telecommunications and IT. However, through the ages, factoring has always remained true to ...

The availability of cash resources is important to both the short- and long-term health of your company. You may be invoicing impressive sums of money, but until that cash is paid over to you, it can’t keep your business ticking over, fuel its growth, or protect you from the risk of unpaid bills a...

Factoring is a financing strategy adopted by businesses around the globe to unlock working capital. Many companies can’t afford to wait for 30, 60 or 90 days until their clients pay their invoices. They need the cash that’s owing to them to pay salaries, process the next round of orders, or capi...

One of the most underutilised working capital tools in the South African SME environment is factoring or invoice discounting. We bust 3 Myths surrounding Factoring to showcase this very adaptable, and viable, finance option for growing businesses. Read our infographic to find out more....