Invoice Finance enables SMEs to access the value of outstanding customer invoices before they are due, which relieves some of the pressure from mounting overheads by keeping the flow of cash moving continuously.
According to recent data, 75% of UK businesses worry about cash flow as a direct result of overdue invoices from their customers, and 100% of SMEs now claim that more of their customers are paying late due to increased overheads across the board.
If your business is one of those affected by the late payments cycle, Time Finance can help. With our Invoice Financing solutions, SMEs can get paid faster for finished work and are no longer held back by slow or late customer payments, alleviating some of the issues that arise from poor cash flow.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.