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For businesses in the UK, managing cash flow can be a constant challenge. Whether you’re a small start-up or an established company, the struggle to balance operating expenses with slow-paying clients can often lead to financial strain. Fortunately, there are … Continue reading →

In today’s competitive business landscape, managing cash flow can be a daunting task, especially for small and medium-sized enterprises (SMEs). Delayed payments from clients or customers can disrupt the normal operation of a business, affecting its ability to pay bills, … Continue reading →

Factoring: A Smart Lending Option for UK Businesses Running a business in the UK requires constant financing to keep things afloat. Whether it’s paying suppliers, buying inventory, or hiring staff, there are always expenses to be met. And while traditional … Continue reading →

How It Works and What You Need to Know As a construction company, you know that financing is essential to keep your business running smoothly. From purchasing materials to paying your staff, you need a steady stream of funds to … Continue reading →

Invoice finance is a lending option that allows businesses to receive cash advances based on their outstanding invoices. It’s a popular lending option in the UK, especially for small and medium-sized businesses that struggle with cash flow. In this blog, … Continue reading →

As a business owner in the UK, cash flow can be a major challenge. You may have outstanding invoices from clients that are due to be paid in the future, but you need that money now to keep your business … Continue reading →

Simply Factoring Brokers is a leading finance brokerage firm with a strong presence in the UK. With a focus on helping small to medium-sized businesses, the company has been providing factoring and invoice finance solutions since 2008. They have established … Continue reading →

As with any form of funding, there are a few things to bear in mind when invoice factoring to make sure that it is the right solution for your business. Here are our top tips: Make sure that you understand … Continue reading →

Invoice factoring is a creative way in which many businesses are battling cash flow problems. This unique product essentially allows businesses to release capital equity tied up in invoices. Using invoices as collateral to secure finance, invoice factoring permits businesses … Continue reading →

A strong financial footing underpins all successful businesses. From SMEs to multinational corporations, having a healthy cash flow and access to funds when needed is paramount. This is why the majority of companies, small and large, recruit the help of … Continue reading →

A healthy cash flow is what keeps every business ticking over and on the right path, with a deficit of cash being detrimental to a business’ ability to pay wages, buy in stock, invest and grow. One of the many … Continue reading →

Keeping You Driving Forward There are over 50,000 businesses in the haulage industry in the UK – that’s a lot of trucks, and a lot of fuel! With the road haulage industry in Great Britain carrying more than 80% of … Continue reading →

Give Your Business a Spring Clean! There may still be a nip in the air, but with the ‘Beast from The East’ firmly behind us and the sun beginning to shine, it seems that spring has finally arrived. This is … Continue reading →

The Role of an Invoice Factoring Broker Unless you’ve just arrived on earth from the farthest reaches of the galaxy, chances are you’ve heard of invoice factoring! You might not be quite sure what it can do for your business … Continue reading →

The Ideal Solution for Your Haulage Business With an estimated 34,000 road haulage companies operating in the UK, the haulage sector is booming, but it’s not without its challenges. As any business owner knows, whether you’re an owner-driver or have … Continue reading →

Cost of Construction Finance vs Cashflow Issues As anybody who runs a construction firm knows, time is money. Major construction projects can take months or years to complete – and waiting for payment once the project is finished can be … Continue reading →

Bad Credit Invoice Finance for Businesses Declined by Banks At Simply Factoring Brokers we place deals of all shapes and sizes, from large multinationals to small independents, from blue-chip companies to companies with a chequered past. One of the main … Continue reading →

Allowing You Time to Pay Your Debts Being in business can be tough, particularly in today’s economic climate, and it’s not unusual for businesses of any size to struggle with cashflow issues. From late paying customers to overheads and staffing … Continue reading →

We couldn’t ignore some pretty damning news reports regarding Tesco’s habit of late payment to suppliers. Their share prices are falling as the Serious Fraud Office concludes an investigation. Tesco’s Financial Investigation It’s been reported that the supermarket giant has … Continue reading →

Make the Large Contracts More Achievable The competitive, fast-paced construction industry is no place to be a small fish. Smaller companies looking to grow or medium firms tendering for large contracts face many challenges, especially when you’re competing for business … Continue reading →

Simple Little Light Bulb Ideas and Tactics The recruitment industry is competitive and one thing that every recruiter knows is that lead generation is the key to success. With so many different ways to generate new business, it can often … Continue reading →

Looking After Your Finance Applications Construction is competitive, yet often projects move at a slower pace than in some other industries. Lengthy builds may mean that construction firms find themselves waiting to be paid before moving onto the next, bigger … Continue reading →

Is it for me or would I benefit from a standard Invoice Finance facility. Hear at Simply Factoring Brokers we attract between 2/3 new enquiries every day and these enquiries can be a mix, from a £50 Million turnover business … Continue reading →

How much do Invoice Factoring Companies Make? In the last 6 months the question of how much we get paid for passing the business certainly seems to be raising its head. So we thought to write a Blog about how … Continue reading →

It’s Time to Be One of the Big Boys! The construction industry is fast-paced – things are constantly changing and to stay one step ahead you need to know the construction finance methods utilised by the industry’s major players. Strict … Continue reading →

Invoice Finance should I switch or stay? A commonly asked question here at Simply Factoring Brokers, is my factoring/ Invoice discounting facility the right one for me or should I look at my options. At this point we then ask … Continue reading →

How can factoring help my construction business grow? Factoring gives your construction company the cash injection it needs. Banks avoid construction like the plague. Applications for payment, contractual agreements and irregular revenue are all red flags for traditional lenders. Why … Continue reading →

Time for You to Level Up Too? It’s all very well running a small construction company, taking on new projects and small builds – but what happens when you decide you want to take your company to the next level? … Continue reading →

How it works? Here at Simply Factoring Brokers we come across companies from all walks of life such as haulage, construction and recruitment to mention a few. It can’t be denied that when a recruitment business experiences growth, the usual … Continue reading →

Simply Factoring Brokers enjoyed more media coverage this week when our MD was featured in the Business Insider ‘Rising Stars’ feature. Far from enjoying the limelight, our managing director Steve, prefers putting his head down and working for quantifiable results … Continue reading →

Can Your Construction Company Grow Fast? When it comes to the construction industry, companies without the ability to grow quickly will often get left behind and find themselves unable to take on bigger and more complex builds. Growth is key … Continue reading →

One of our top brokers, Phil did a sterling job for a local recruitment agency which got us some great PR. That’s why we decided to use it as a focus piece. Phil went above and beyond the call of … Continue reading →

If you don’t get paid you have a hobby, not a business. We all know it takes time to get paid. Time is a leveller for all of us. No one person has more time than any other person, so … Continue reading →

As most of you will know reading this Blog we are one of the leading Factoring Brokers in the industry for Invoice Finance. Over the last 5 years we are successfully placing more and more customers each year. In this … Continue reading →

Your recruitment agency’s customers do not directly employ temporary candidates or contractors and have no responsibility for payroll. Your customers are only liable for the invoices you supply. Those customers may take several months to clear invoices related to your … Continue reading →

Rarely do I get to combine two of my passions at work, but The Business Expo at Cardiff’s Bierkeller, could be different. For the first time in the name of business development, I should be able to enjoy a beer … Continue reading →

Let’s put things in perspective. We are a team of commercial finance brokers who sit at desks for a large part of our day. Getting fit is not going to be easy. We often order food deliveries to the office … Continue reading →

Integrate Your Marketing and Stop Alienating Hiring Managers Cold calling is the lifeblood of business, but there’s cold and there’s arctic blast. Although we provide recruitment finance, we also get a lot of cold calls from people working recruitment industry, … Continue reading →

Candidates offer crazy excuses, but this is the best response we’ve seen! The team at The Highfield Company (a specialist recruitment agency based in Southampton) created this brilliant parody of the Adele’s ‘Someone like you’. I think a lot of … Continue reading →

Your agency will find finance is a major pain-point. Clients can take months to clear invoices, while contractors and temps require payment on time. This creates a significant issue – how to finance your recruitment agency? How do you pay … Continue reading →

What Business Finance is Best for You? When running a business nothing is more crucial than getting the right finances in place. Business finance is complex. There are new products coming to the market and some older methods of business … Continue reading →

How can a back office solution help your recruitment agency? Save time, effort and expense in your recruitment agency by integrating your administrative function into one comprehensive solution. You can relieve the burden of managing your payroll function by taking … Continue reading →

The Bierkeller Business Expo Went Well – Here’s what I learned about the state of Welsh Business Okay, so it may not have been Welsh business in its entirety because most businesses were from the South East and we were … Continue reading →

Has the industry increased or declined in recent years? Here at Simply Factoring Brokers we have been watching the market for nearly a decade now and in that time the market has certainly changed. The business has been going for … Continue reading →

If you distribute and trade overseas having the correct type of funding is vital, it can be the difference between success and failure. When trading overseas it can be extremely profitable and somewhat exciting. But when it comes to International … Continue reading →

Invoice Factoring Myths Busted Whether you are new to the world of invoice factoring, considering it as an option for your small business or have no idea what it’s all about – chances are you may have heard some of … Continue reading →

Here at Simply Factoring Brokers we regularly get asked about factoring and if it’s going to be profitable for a business to use in the long run. Not many people know what trade finance is, in this blog we are … Continue reading →

We’ve had an amazing first quarter of 2017 despite a slow start to the year. After a quieter than usual January, our hard work on behalf of clients began to pay off. I spoke with our MD, Steven Adams to … Continue reading →

Steady Cashflow for Your Contractor Wages The fast-paced world of construction brings with it many challenges for construction firms of all sizes. Managing cashflow can become a major issue, particularly for firms which have seen rapid growth or those which … Continue reading →

It’s hard preserving a small business in today’s market because many small businesses are confronted with financing issues that bigger businesses have already accounted for. Small businesses are seen as riskier investments than larger more recognised businesses and as a … Continue reading →

Should You Use Invoice Factoring or Overdraft for Your Business? If you run a business, I’m sure you have applied for an overdraft, and possibly compared an overdraft to an invoice factoring facility. In the last few years banks have … Continue reading →

Effectively Managing Your Large Builds Managing cashflow within the construction industry is, perhaps, one of the hardest parts of doing business within this sector. Unlike many other industries, construction firms don’t have products in warehouses or on shelves which they … Continue reading →

Lack of Invoice Finance Increases Bad Payer Issues As many as 1,700 jobs are directly at risk because of the expected collapse of convenience store chain, My Local. Jobs are threatened because suppliers did not use invoice finance with bad … Continue reading →

Accessing Cashflow for Contractor Wages Being a builder in the construction industry is often as frustrating as it is rewarding. Cashflow can present a major challenge if you are ready to submit a bid on the next large build but … Continue reading →

Quick and Manageable Growth When you think of some of the biggest names in the UK construction industry like Balfour Beatty, Carillion and Kier Group, it’s easy to find yourself wondering how they got to where they are today. These … Continue reading →

Simply Factoring Brokers at The South East Wales Business Show 2017 Look out for Phil at the South East Wales Business Show 2017 Simply Factoring Brokers will have a presence at the South East Wales Business Show being held at … Continue reading →

If your scouring the market looking for a factoring facility and you’ve stumbled across this page, hopefully this will be of benefit to you. In this blog we are going to explain the differences between funders and brokers. If you … Continue reading →

Here at Simply Factoring Brokers we help about 60 company’s place their invoice finance requirements a year on average. The companies range from one man bands to large multinational firms. In the blog we are going to give you 3 … Continue reading →

Simply put, trade finance is the umbrella term for the financing of trade (including importing and exporting) of goods and services. Around $3tn of trade financing is done annually, but the market (and funding landscape) has changed dramatically over the … Continue reading →