09OPTIMUM FINANCEFOR CASH HUNGRY     BUSINESSES
POWERING YOUR CASH FLOWIn the current economic climate, cash hungry         At SME Invoice Finance, well set you free from...
Our values of speed, strength and flexibility are applied to every transaction:SPEEDWe maximise the use of technology to p...
INVOICE DISCOUNTINGInstant Cash Flow with Invoice DiscountingInvoice Discounting is increasingly viewed as the fastest gro...
FACTORINGOur factoring service is designed to maximise your         immediate and real time view of all your accountcash f...
INVOICE DISCOUNTING CASE STUDYFinancial engineering makes the ideal business solutionThis engineering company assembles fa...
FACTORING CASE STUDYWorking capital boosts manpower businessThis recruitment company was established by a          SME Inv...
SME Invoice Finance LtdHead OfficeChertsey House, 56-58 Chertsey Street, Guildford GU1 4HL | Tel : 01483 531100BrentwoodPo...
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SME Brochure

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SME Brochure

  1. 1. 09OPTIMUM FINANCEFOR CASH HUNGRY BUSINESSES
  2. 2. POWERING YOUR CASH FLOWIn the current economic climate, cash hungry At SME Invoice Finance, well set you free frombusinesses need a strong financial partner who can the rule-books and red tape that get in the waymove quickly and respond flexibly as needs arise. of actually doing business. Powering your company with a constant source of working capital bySME Invoice Finance is a specialist invoice delivering competitive facilities designed to makediscounting company, dedicated to meeting the mincemeat of the credit crunch.needs of owner–managers in business. The SME difference is clear!We’re independent of the major Banks and financialinstitutions and we really understand theimportance of providing the highest levels ofpersonal service, attention and support to all ourcustomers, regardless of size or history.09OPTIMUM FINANCE FOR CASH HUNGRY BUSINESSES
  3. 3. Our values of speed, strength and flexibility are applied to every transaction:SPEEDWe maximise the use of technology to provide you Hungry for more information?with same day value against your invoices. And on- Call John Wilde on 01483 531100line access so you can view the availability of cash.STRENGTHWe have established SME Invoice Finance with thesubstantial backing of a number of blue chipshareholders, drawn from a wide spectrum ofcommerce and industry. In this way, we offer youboth competitiveness and certainty.FLEXIBILITYWe will deliver the most flexible invoicediscounting or factoring or asset based lendingsolution to help your business grow faster andmore profitably.SPOT THE DIFFERENCE09OPTIMUM FINANCE FOR CASH HUNGRY BUSINESSES
  4. 4. INVOICE DISCOUNTINGInstant Cash Flow with Invoice DiscountingInvoice Discounting is increasingly viewed as the fastest growing alternative to bank overdraft funding. Yet, it hasrarely been made available to the smaller business.As the name SME Invoice Finance suggests, we are here to help small and medium enterprise businessesmaximise their cash flow. We can increase the availability of your working capital by lending money against thevalue of your sales invoices. We will agree what we call a prepayment facility against your invoices. Typically thisis set at about 85% of invoice value. Vital cash is released immediately, ready to be put to work where you needit most!Our invoice discounting service:G generates immediate working capitalG reduces the pressure on your cash flowG links funding to sales providing the freedom to grow without restrictionsG is typically confidential, meaning that your customers are completely unaware of your financial arrangementsG provides you with total control over your sales ledger and retains your customer relationshipsG helps secure preferential early settlement discountsG gives you instant on-line access to view your cash availability09OPTIMUM FINANCE FOR CASH HUNGRY BUSINESSES
  5. 5. FACTORINGOur factoring service is designed to maximise your immediate and real time view of all your accountcash flow whilst removing the burden of running details and the fastest possible access to cash asyour sales ledger. and when you need it.At SME Invoice Finance, our invoice factoring facility Factoring from SME Invoice Finance:provides a high percentage of finance secured • Generates immediate working capitalagainst your invoices. Typically, this is set at about • Reduces the pressure on your cash flow85% of invoice values. With factoring, vital cash is • Links funding to sales providing the freedom toreleased immediately, ready to be put to work grow without restrictionswhere you need it most. • Eliminates time and money spent on credit control and debt collectionAdditionally, as an integral part of our small • Allows you to concentrate on your core businessbusiness factoring service we provide a without distractioncomprehensive sales ledger administration, credit • Helps secure preferential early settlementcontrol and collection service. This is tailored to suit discountsyour customers and their sensitivities, built around • Gives you instant online access to view your cashthe latest technology. This means that you have an availability09OPTIMUM FINANCE FOR CASH HUNGRY BUSINESSES
  6. 6. INVOICE DISCOUNTING CASE STUDYFinancial engineering makes the ideal business solutionThis engineering company assembles fabricated I would say that we have obtained a goodand machined components using a wide range of deal overall package from SME Invoice Financeavailable finishes. Karen, the companys including the benefit of a competitively pricedaccountant, says, “We were very keen to have facility.”invoice discounting. We wanted to expand thebusiness and at the same time have peace of She continues: “The main thing that we weremind concerning cash flow. We are close to our looking for when selecting a commercial financecustomers and continue to invest a lot of time in company was direct access to the decision-these relationships that we have worked so hard makers. With SME, I know exactly where I standto foster. The fact that nobody knows about the when drawing down from our availability ofnature of the funding we use is critical to us.” working capital and can always pick up the phone and talk to someone in authority about any issueWhilst a company of this type and size would not concerning the business. I don’t have to face any‘normally qualify’ for invoice discounting from the of the concerns of being passed from ‘pillar tobank-owned finance houses, SME Invoice Finance post’ within an impersonal banking call-centre.considered the deal on its individual merits – We appreciate that SME’s motivation is alwayslooking at the qualities and experience of the to be there to help and support us. Ultimately,management team and the professionally ‘communication’ is the key word that I wouldadministered accounting systems. Satisfied with use to summarise what marks out SME Invoicethese criteria, SME delivered a £50,000 invoice Finance’s unique approach to service delivery.”discounting line based on a 70% invoiceprepayment level. Karen comments: “I’m anaccountant, I used to have my own practice and Iam familiar with the terms available in the market.09OPTIMUM FINANCE FOR CASH HUNGRY BUSINESSES
  7. 7. FACTORING CASE STUDYWorking capital boosts manpower businessThis recruitment company was established by a SME Invoice Finance provided the company withfather and son team, Len and Dave, in Manchester. an £80,000 factoring facility based on an 80%The business involves the sourcing and prepayment against invoice values.recruitment of temporary manpower for industrialand commercial placements.Len said, "It had “The decision to replace the bank overdraft withbecome clear that a bank overdraft was no longer factoring was an important step on our road tocapable of supporting our rapid rate of expansion. growth. SME Invoice Finance provides full ledgerNow we deal with SME Invoice Finance, we are management and collections services. We do notpleased to no longer have to go cap in hand to the have to go to the expense of creating an in-housebank to renegotiate our facility limits." department just to chase our own debts. Outsourcing our collections is crucial, particularlyLen continues, "We initially came across SME since in this economic climate customers can beInvoice Finance when we saw a factoring slower to pay. Another aspect of the service westatement from a supplier come across our desks. have found helpful is SMEs ability to flag upWe also had a bank-owned factor visit us, yet our certain markets that may create credit difficultiesperception was that SME Invoice Finance had a for us in the future. I dont ever once regretfamily company feel about them that we felt making the decision to run with SME Invoicecomfortable with." Finance.""We feel that with SME we are not just a numberand they dont seem as remote as most financerelationships have in the past. We gained a betterimpression of them right from the start. SME isalways genuinely interested in us and want to helpus develop our business."09OPTIMUM FINANCE FOR CASH HUNGRY BUSINESSES
  8. 8. SME Invoice Finance LtdHead OfficeChertsey House, 56-58 Chertsey Street, Guildford GU1 4HL | Tel : 01483 531100BrentwoodPotential House, 149-157 Kings Road, Brentwood, Essex CM14 4EG | Tel: 01277 237177SheffieldHallamshire House, Meadowcourt, 5 Hayland Street, Sheffield S9 1BY | Tel : 0114 256 0033BirminghamKings Court, 2625 The Crescent, Birmingham Business Park, Birmingham B37 7YE | Tel: 0121 788 0333DEDICATED TO SMALL AND MEDIUM SIZED ENTERPRISES

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