In the UK the printing Industry is made up of a multitude of fields. The printing industry generates a wide range of products that are commonplace in the lives of people of ages. Cashflow is of the upmost importance as costs associated with technical advancement and research are constantly rising and changing.

Over the last 10 years the UK has advised businesses in the following sectors of the print business on cashflow and factoring solutions:-

  • Newspapers printing
  • Magazines printing
  • Books printing
  • Post Cards printing
  • Memo Pads printing
  • Business Order printing
  • Binding printing
  • Embossing printing
  • Lithography
  • Flexography
  • Letterpress printing
  • Screen Printing

Factoring for the print and printing industry

The concept of ‘pay when paid’ is widely known – and just as widely deplored – throughout the print industry. Every day printing business face cash flow problems because money is in short supply. A printing company may be profitable in theory, but at when is comes to paying staff and suppliers they cannot pay their bills because the money is often tied up in unpaid invoices

Invoice Factoring and Invoice Discounting Solutions for the Print Sector

  • Factoring has become more and more commonplace within the printing sector because the unpaid invoice book is the biggest unsecured asset in many printing businesses
  • Unpaid invoices are easily converted into cash with a factoring facility
  • Many small and medium-sized printing businesses are often to gracious to chase outstanding invoices and they don’t want to upset client and miss out on future business.

Advantages of factoring for printing companies

  • Factoring allows a printing business to know exactly when they are going to get paid.
  • Factoring reduces the need to raise finance against assets for businesses within the print sector
  • Factoring is a private and discreet method of getting paid for small to medium sized printing businesses

Get an invoice finance quote today by calling 0800 597 4757 or apply online to compare factoring companies