Improve Your Cash Flow
The greatest advantage to factoring is the ability to improve the flow of cash into your business. Get cash quickly with an upfront advance…
You don’t need us to tell you that one of the most fundamental issues a business faces on a day-to-day basis is the effective control of its cash flow. The growth of a business – and possibly even its survival – may depend upon this. Good cash flow management ensures there is enough cash in the bank to pay employees, to pay suppliers, to buy stock and parts, and to meet all the other key running costs of a business.
But cash flow pressure can often hold your business back, resulting in problems and headaches and this can be a drain on your valuable time. This is where factoring can help.
With Redd, factoring is a simple process. Once you have provided a service or delivered goods to your customer, you raise the invoice in the usual way – providing Redd with a copy of the invoice. Upon receipt, Redd will forward you up to 80% of the invoice value – usually on the same day. As part of the agreement, our team of expert and professional credit controllers will keep on top of your due invoices, and once your customer pays the invoice the remaining balance of the invoice will be forwarded on to you.
So unlock the value of your customer invoices before they are due to be paid and let Redd help you on the path to effective cash-flow and financial planning. We’d love to speak to you.