Can invoice finance help property landlords? Permjit Singh Treasury Consultant finds out
There will be a high cost to refurbish offices to make them comply with new UK energy efficiency rules starting 2023, reports the FT. For some big property owners, it will means spending hundreds of £ millions in cash on upgrading their unfit buildings.
Landlords already struggling to collect rent from retail tenants and so short of cash, could get deeper into financial distress and face a cash crisis, warns Cash for Invoices Limited - the single invoice buyer.
Invoice finance is a readily-available source of cash for working capital and capex needs of many businesses, and it can complement other sources of business finance such as banking and capital markets, and money markets, says Cash for Invoices Limited.
Invoice finance is only available to businesses that trade on credit, meaning they issue invoices to their customers for future payment of goods and services sold.
Cash for Invoices Limited explains how single invoice finance works:
What is invoice finance
Cash for Invoices Limited of Chiswick London is an invoice finance company that specialises in buying single invoices. An SME can sell one or more of its trade invoices to Cash for Invoices Limited for cash. Unlike other providers, Cash for Invoices Limited only charges ONE fee, and gives the SME these other benefits:
NO commitment on the SME to sell further invoices NO charge over assets NO debt NO arrangement exit, maintenance or other fees other than a simple single charge for the cash paid in advance of the invoice payment date and NO financing facility
Cash for Invoices Limited of London offers a simple, transparent and flexible invoice finance service that helps the SME or sole trader get the essential cash they need.
To find out more about Cash for Invoices Limited's single invoice finance service, contact Cash for Invoices Limited here