The benefits of using an invoice finance broker?

The benefits of using an invoice finance broker?

When considering a new relationship with an invoice finance provider, it’s important to choose one who understands you, your business and the sector you work in and can use that level of expertise to offer you the best possible solution. The benefits of using an invoice finance broker are they can advise on the key considerations needed before choosing an invoice finance provider.

  • An invoice finance broker can let you know whether a proposed invoice finance provider is a member of The Asset Based Finance Association (ABFA) – the industry trade body?
  • An invoice finance broker can advise on what proof is there that the invoice financier is financially stable?
  • An invoice finance broker can advise what percentage of your invoices will be disapproved by the invoice financier and therefore not funded?
  • An invoice finance broker can advise who will look after your account and do you have access to the decision-makers?
  • An invoice finance broker can advise whether the invoice financier will chase all your customers or only a percentage f them?
  • An invoice finance broker can advise whether an invoice financier can manage complex or contractual debt?
  • An invoice finance broker can advise whether an invoice financier has the capability to fund and manage international debt?
  • An invoice finance broker can advise how an invoice financier will communicate with your customers i.e., by phone, mail, email or all?
  • An invoice finance broker can advise if any existing overdraft arrangements in place be affected?
  • An invoice finance broker can advise how an invoice finance provider will work with businesses’ customers.
  • An invoice finance broker can advise if there any hidden charges in the invoice finance arrangement document.

For more information regarding the benefits of using an invoice finance broker please call 0800 597 4757 or apply online.