There is a myriad of cash flow solutions available to UK businesses. Each comes with its own pros and cons, but very few share the characteristics of our partner’s purchasing service which offers:
- Improved cash flow
- A low cost, easy to understand charging structure
- The flexibility to grow with your business
This is achieved by routing your purchases through our partner, rather than direct to your suppliers. Our partner simply settles your suppliers’ invoices early, and then invoices you, giving you the opportunity to pay up to 180 days later.
Once a number of purchases have been routed, the amount of cash released that would otherwise be committed to supplier payments can become quite significant. There is also the possibility of benefiting from early settlement discounts which your suppliers may be prepared to offer in return for rapid payment.
How It Works
The way it operates is:
- Instead of invoicing you direct, participating suppliers invoice our partner who makes rapid payment of approved invoices
- The purchasing service then invoices you, with two important differences to the invoice you would normally receive from your supplier:
- it will reflect a share of any early payment discount received
- you will be offered the option to take advantage of flexible payment terms (up to 180 days)
No Changes
Perhaps the most reassuring feature of the purchasing service is that it doesn’t impose any changes on the way your business operates.
This means you receive substantial cash flow benefits, while continuing to operate business as usual with:
- exactly the same suppliers
- who supply exactly the same goods
- with exactly the same delivery arrangements
- and exactly the same quality control.
Low Charges
What helps makes this purchasing service so attractive is the absence of any hidden costs. We charge one simple fee that reflects the cost of offering 180 day terms with proportionate discounts from this fee for earlier settlement. There are no additional costs such as arrangement fees, individual transaction charges – just one easy to understand fee.
To learn more about this product please call us on
+44 (0) 1384 217222
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