The Problem
In the current economic climate, doing business is harder than ever especially when you’re just starting out. We understand that you will have a number of pressures; finding suppliers, employing new staff, winning new business, and making sure customers pay their invoices promptly – not to mention the importance of having adequate funding in place.
The Solution
Fast Track from Bibby Financial Services boosts your cash flow by providing an immediate injection of cash into your business against the value of your outstanding invoices – we can keep the cash flowing so you can spend your time chasing new business and not outstanding customer invoices.
Improve your Cashflow
Each time you raise an invoice Bibby Financial Services will release a percentage of its value within 24 hours. The remaining balance, less a small fee will be paid to your business once your customer has settled the invoice payment in full. This provides both an immediate and ongoing supply of cash linked to your sales, So as your new business grows so does the amount of funding available to you.
Spend less time chasing payment and more time chasing new business.
In addition to the cash that we provide, we can also save valuable management time. We provide a complete credit control service, where our dedicated and experienced team will:
- Prepare statements
- Telephone all your customers
- Chase and collect outstanding invoice payments on your behalf
- Maintain professional and detailed accounts of your transactions.
Always balancing the sensitivity of dealing with your customers with the need to collect invoice payments quickly and efficiently.
In addition we provide a number of other benefits to help get you started on the road to success.
- Introductory no minimum fee for the first 3 months
- No initial funding restrictions on approved debtors
- Assistance with payment to your suppliers and staff with our BACS service
- No lengthy contracts – just 1 month
Stay in control of your finances
To help you stay in control of your customer accounts we can provide access to our fast, secure and easy to use online system which provides 24 hour access to your account information, enabling you to keep track of payments received and the amount of funding available to you.