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Invoice Finance & Cash Flow - Invoice Factoring, Discounting & Lease Finance
The Factors and Discounters Association: "£28.3billion per quarter now financed"
1st October 2003
The Factors and Discounters Association (FDA) have revealed a large increase in members' turnover of 11% compared to last year. This increase has been seen as a result of more flexible asset backed lending schemes where invoices are only a part of the security used.
FDA Chairman Ann Horan said "Getting Business is one thing - but getting paid is often difficult....the industry growth shows that companies are finding that factoring and invoice discounting is the most effective and secure cash flow solution for trading in the UK.
Invoice Finance and Your Business
Whatever the age of your company, invoice finance could be the ideal flexible solution to ease your cash flow problems. Among the benefits it offers your business are:
Lease Finance and Your Business
Almost all companies need equipment or machinery to operate. Funding these purchases can be an unnecessary drain on your businesses cash flow but by using lease finance you can:
If you are interested in how your company could benefit from lease finance visit the Marketplace.
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