Category Archives: Uncategorized

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 →

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 →