As part of our service to small and medium business owners, Perry Financial Strategies specialises in providing debtor finance solutions, a facility that can assist greatly with the cashflow and day to day running of a small to medium size business.

Debtor finance products take the form of lines of credit secured by a business’s debtor list, which means that up to 90% of the value of invoices can be reclaimed usually less than 48 hours after their issuance. The balance (less fees) is then paid when the customer settles their accounts. The benefits of such a facility are numerous and include:

• Boosting cashflow – accounts may take a long period time to settle, but a debtor finance facility will have enable access to the bulk of an invoice’s value within less than 48 hours, helping to cover immediate costs such as wages, rent or other bills
• Release of assets – a debtor finance facility may enable other assets, including personal assets, that have previously been borrowed against the business, to be released, increasing the security of you as the business owner
• Dollar savings – funds accessed via debtor finance may enable savings to the business by reducing the need to offer discounts to customers and also taking advantage of early settlement discounts and bulk purchases when purchasing from suppliers

Give us a call now if you want to know more about how we can help your business to grow and prosper.