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Here at Simply Factoring Brokers we strive to break down the complicated world of business finance into easy digestible pieces of information. As a brokerage we are able to offer a wide variety of products such as Asset Finance, Trade … Continue reading →

Bank Invoice Finance – Is it Right for You? As a brokerage we have been in business now for eight years. In that time we have seen an increasing demand for our factoring broker service. When we started out in … Continue reading →

Application for Payment – What’s the Hold Up? Things move fast in the building trade, whether you’re a small firm taking on your first ever project or a large company working on a complex build. One of the main problems … Continue reading →

Invoice Factoring – The Common Misconception As most of you will be aware reading this Blog factoring is a product that releases cashflow tied up in your unpaid invoices. That’s why there is still the misconception that factoring is only … Continue reading →

Managing Cashflow for Large Build Projects The construction industry is a fast-paced, structured industry and construction firms of all sizes must work to the parameters of strict contracts, which can often be challenging. One of the main issues facing construction … Continue reading →

Introduce Business To Simply Factoring Brokers Some of you reading this will not know us, but this offer is open to everyone. To give you a brief synopsis we are a finance brokerage who specialises in placing invoice factoring funders … Continue reading →

Grow Your Business Properly The UK business forecast for the rest of the year is looking bright. But if you’re thinking of expansion, pause for thought first. Growing your business isn’t necessarily about doing more of the same but perhaps … Continue reading →

Is it cheaper to employ a member of staff or take out a recruitment finance facility If you have landed on this page then you will already know a little bit about the world of Invoice Finance or recruitment finance. … Continue reading →

It’s been a good start to the year for UK businesses. Whilst analysts are cautious about using the word ‘recovery’, there has certainly been enough growth to predict a positive outlook for the next three months and perhaps even into … Continue reading →

For those of you who have stumbled across our website and wondering what the invoice finance industry is and how it can help your business. Then in a nutshell Invoice Finance gives businesses a cash injection against their invoices, as … Continue reading →

If you’re running a business, it can be easy to focus on the business finance money owed to you without giving much thought to your own credit rating for UK SMEs. But having a healthy credit score is vital to … Continue reading →

During the recent Oscars coverage we noticed that Brad Pitt’s production company, behind the award-winning 12 Years a Slave, is called Plan B. Which got us thinking – what’s your plan B? Hopefully you’re reading this having made a great … Continue reading →

Are Invoice Factoring Companies Different from One Another or is it a case of Money is Money? As a business we place around 60 invoice finance facilities per annum. The industry generates around 8,000 deals placed per annum and that … Continue reading →

If you’ve ever experienced late payment from one or more of your customers, you’ll understand the impact it can have on your business. At best, it can be frustrating whilst you try to balance the books. At worst, it can … Continue reading →

If you run your own business, factoring could be a great way of keeping your cashflow going or investing in things like new technology or more staff. But knowing when to set up a factoring facility can be tricky, so … Continue reading →

Business in the UK is looking bright, with signs of further economic recovery promised for 2014. According to the British Chambers of Commerce, several key indicators for the economy are more positive for the coming year than they were before … Continue reading →

Ho-Ho-Ho! Christmas Cashflow! Santa thinks he has it bad, delivering the world’s Christmas presents on the eve of the big day. But he has obviously never tried managing a company’s end of year cash flow! His elves must do that, … Continue reading →

Merry Christmas and a Fruitful New Year! Somehow, it’s that time of year again, and the team at Simply Factoring Brokers would like to thank all our customers for their support this year. We wish you all a Merry Christmas … Continue reading →

See below for our explanation in detail The entrepreneurial spirit is certainly alive and kicking in Britain! We launched a record half a million new businesses here in 2013 and it seems that the recession, instead of reducing the number … Continue reading →

Here at Simply Factoring Brokers we get all kinds of questions about factoring! It can seem a bit of a minefield if you haven’t used invoice factoring before, so here we look at some of the most frequently asked questions … Continue reading →

Reverse factoring could save you money and help organise your business finances more efficiently, as well as guaranteeing that your supplier gets paid. So read on to find out more and see if reverse factoring is the one thing you … Continue reading →

A basic skills shortage could put businesses in Wales at risk after an international study showed schools here are falling behind other countries. The Pisa international education rankings show Wales – where Simply Factoring Brokers is based – has slipped … Continue reading →

When you start up a new business, it’s taken for granted that long hours come with the territory. But in Norway’s capital Oslo, hard-working entrepreneurs are causing a stir with an innovative way of working. Mesh is a creative hub … Continue reading →

When the going gets tough, the tough get going – with exciting plans for the future! Simply Factoring Brokers has been tackling economic challenges head on by expanding our portfolio and taking on new staff. Although some factoring firms are … Continue reading →

Getting a new business venture off the ground can be challenging at the best of times, with contractors to commission and various funding options to consider. But how do you manage if the project you need to finance is a … Continue reading →

News that supermarket giant Tesco has seen a 23.5% drop in profits in the first half of its financial year has raised an eyebrow amongst many business owners. There is no question of Tesco not being able to pay its … Continue reading →

If you’re having trouble with cash flow, is it time to call in CID? Confidential Invoice Discounting is similar to invoice financing in that it allows a business to borrow against the money it is owed. So if you have … Continue reading →

Money makes the world go around As your cashflow relies on money coming in before any money can go out, waiting for your clients to settle up can be a nightmare. But late payments are all too common, unfortunately. According … Continue reading →

Britain is ‘open for business’, according to the UK government – yet it can feel anything but for the many small and medium-sized businesses struggling their way through the recession. The borrowing options available to SMEs have changed dramatically since … Continue reading →

SME Business Finance Now and Then – Infographic See below for our explanation in detail.

Bank loans, investments, overdrafts… there are numerous ways to fund your business, whether you’re just starting up, expanding an established firm or simply running day to day operations. Invoice factoring is perhaps lesser known than some of the more traditional … Continue reading →

A New Business, But Why Not Talk About Invoice Factoring? Some of you reading this Blog who follow our weekly updates on putting the invoice factoring world to rights will be slightly surprised as we are going to talk about … Continue reading →

Good customer relations are the key to any business, so it’s important to keep your clients happy. But what if an unexpected late payment by a usually reliable customer threatens your projected cash flow? Suddenly you can find yourself juggling … Continue reading →

Welcome New Factoring Broker This week take a look at our latest press coverage as Daniel Morgan-Jones joins the business as our new factoring broker with his sights set high. As we expand our team, our newest member of staff, … Continue reading →

Business Cashflow to Finance Your Festivities When you’re planning for the festive season, business cashflow is the last thing you want to think about! For small business owners it can be one of the most difficult times of the year. … Continue reading →

Everyone tries to make a good first impression when doing business, but true professionals will make sure they end on a high note too. One of the last aspects of any business transaction is the invoicing – and if you … Continue reading →

If you run a recruitment or staffing business, people power is at the heart of what you do. And you might be able to rely on your people – but what about your clients? In an ideal world, your clients … Continue reading →

These days, online banking is rapidly making redundant the old chestnut about the cheque being in the post. But there are still many excuses that clients can – and do – come up with in a bid to postpone their … Continue reading →

Carry on Recruiting – No Cash Flow Worries! The recruitment industry is fast moving and competitive – and companies who can’t keep up with the pace simply won’t be profitable. Shortfalls in cash flow can create challenges that can be … Continue reading →

Keeping Your Customers Close! With spring right around the corner (well, we can hope) it’s a great time to think about what you’d like to achieve in 2018. For many owners of small and medium sized business, expansion is on … Continue reading →

Invoice Finance What is going to happen in the next 5 years You may have noticed that our invoice finance blog has been quiet. We haven’t done any blogs for a few months but you will be pleased (or saddened) … Continue reading →

Moving Your Business Up a Level! Which company’s success do you most admire? Whether you’re in the construction industry, recruitment or haulage – we all have those companies that inspire us and motivate us to work harder and strive further … Continue reading →

Why Construction Factoring is a Builder’s Best Funding Option If you run a construction business, banks are fond of turning you away when you ask for funding. Perhaps you are looking for an overdraft and have already tried a few … Continue reading →

Remain in Control or Gain More Freedom? If there’s one thing we’d all like a little more of in our lives, it’s control. From the weather to our work and personal relationships, unfortunately there are some things we just can’t … Continue reading →

Invoice Finance Brokers in the Spotlight We’re now well into 2018 and the new year is a great time to take a look at your company’s cashflow. Is it time that you sought a little help maintaining a stable cashflow … Continue reading →

Unemployment has risen again in the UK, according to the latest figures from the Office for National Statistics (ONS). A total of 2.52m people were unemployed between January and March 2013 – an increase of 15,000 compared to the last … Continue reading →

Searching for the One Can Be Difficult! If there’s one thing all small businesses have in common, it’s the need for reliable cashflow. Somewhat ironically, it’s also one of the toughest challenges facing small business owners. Whether you’re a start-up … Continue reading →

Stop Applications for Payment Holding You Up! Despite the seemingly fast paced nature of the construction industry, there’s no denying that when it comes to payments, things move a little slower than you might expect. It’s not uncommon to find … Continue reading →

Keeping the New Recruits Lined Up! We’re now well and truly into 2018 and there’s no time like the present to stop and think about some of the challenges facing your recruitment agency this year – and the solutions. From … Continue reading →

We hope you’re getting the New Year off to a blinding start and to help you hit the ground running, we’re giving you our five top tips for sorting out your business cashflow! Figure out when you’ll break even Sounds … Continue reading →

Daniel Morgan-Jones was a jack of all trades. He’s been a business development executive, philanthropist and coffee maker Now he’s a Commercial Finance Broker. Dan is usually found nattering away on the phone to both clients and funders earning himself … Continue reading →

Take a look at the latest coverage on the team at Simply Factoring. Featured in the South Wales Argus, our director Steve chats about the business growth in the area despite reports of a slowing market. Steven Adams Invoice Finance … Continue reading →

When invoicing isn’t your business, it’s easy to get confused by jargon. But as all businesses rely on income it pays to know about factoring. Invoice discounting and invoice factoring are two terms that often confuse people so, if you’d … Continue reading →

When invoicing isn’t your business, it’s easy to get confused by jargon. But as all businesses rely on money coming in, it quite literally pays to know your factoring from your finance. Two terms to commonly get muddled up are … Continue reading →

This week we’re thrilled to announce that we’re finalists for not one, but TWO Business Growth Awards in South Wales! Finalists in ‘Brand Impact’ and ‘Rising Star’ First off we’re nominated in the ‘Brand Impact’ category, which seeks out companies … Continue reading →