Invoice finance is a fantastic way of supporting your cashflow whilst still allowing your customers the payment terms that they are accustomed to. Finding an invoice finance provider you can trust to deliver a simple, reliable and trustworthy solution can prove to be trickier than it should be.
That is why 4Syte is proud to be an invoice finance provider with a difference.
Read on to find out what makes us special!
What Is Invoice Finance?
Invoice financing is releasing the working capital that is tied up in overdue or current invoices. Whilst it was once viewed with a slight stigma, these days more and more businesses and lenders are seeing it for the sound financial option it is.
4Syte will lend between £75,000 and £2 million based on your sales ledger. Along with releasing your capital we also take responsibility for recovering the money owed directly from your customers. But don’t worry, we don’t send the bailiffs round and meddle with your relationship with your client! Our professional credit controllers handle all transactions in a friendly, professional, and polite manner.
When Might A Business Need An Invoice Finance Provider?
Cash is king! It is as true today as it ever was.
A company lives and dies through its cashflow. When customers have long payment terms or are bad payers it can often feel like the life is indeed being squeezed out of your business.
Our invoice finance service can breathe life back into your business. For us, financial peace of mind is about looking beyond clearing the immediate risk and towards safeguarding the future of your business. 4Syte’s invoice financing can give you that financial peace of mind.
Face To Face, Not Just Click And Submit
Some of us are old enough to remember that if a business was looking to secure some extra funds, you could make an appointment to see your local bank manager in person and have finances in place before you left their office.
However, in most cases that just doesn’t happen anymore. As we explored in this blog, many banks just aren’t suited to meet the needs of small business owners. Bureaucracy, an impersonal touch and rigid regulations mean that many business owners either won’t be considered by banks for funding or will waste time navigating their way through the red tape. Or, worse, a series of tick boxes on a computer tell you if you are eligible for a loan or not.
SMEs in particular can feel like they have been left behind and ignored by banks and other lenders, which is shocking considering SMEs make up 99% of private businesses and 60% of private sector work (Source: FSB.org.uk)
If this sounds like your experience of trying to find funding solutions for your business, we might be the perfect invoice finance provider for you.
We invest in all our staff, from recruitment to training and beyond. We are incredibly proud of the team we have built. Their combination of knowledge, experience, and personality allows us to offer a professional, informed and rapid service with a human touch.
The relationship between a lender and business is built on mutual trust, which is why we pride ourselves on having that human touch and building a working relationship with our clients.
We won’t just give a quick yes or no answer. We take the time to get to know your business, as well as your plans for the future, so we can provide the suitable financial solution for you. It is what makes us who we are.
With The Benefit of Foresight
The increase in automated loan and finance applications has meant that decisions are made without taking into consideration any future requirements.
If a company passes the credit checks and can prove they can make the monthly payments, they don’t look ahead to what may be needed at a later stage or have much flexibility over finance arrangements.
We have different types of financial solutions available depending on the type of business you have, your ambitions, and pain points. We work with you to come up with a long term financial solution, of which invoice financing may well be a part.
We want to help and understand a client’s business and needs, and will take time to clearly explain the various ways in which we can help.
Invoice Finance & Full-Service Factoring
With our invoice finance & full-service factoring, businesses in all sectors can apply for funding from £75,000 up to £2 million.
With this service, the decisions are based on the quality of the client’s customers, not just the clients themselves.
CHOCS & Disclosed Invoicing Discounting
If you have a great collection history, you might want to select this option. By managing your own credit control, you get the same excellent 4Syte service but often at a reduced cost.
Get In Touch
At 4Syte we strive to be different from the typical invoice finance providers. Our fantastic team, extensive knowledge, investment in tech, and range of products mean we offer superior service and solutions to your cash worries.
If you would like to speak to us about any of our invoice finance services, then please do not hesitate to contact us. Our team of experts will be more than happy to talk to you and answer any questions you might have.