Let us take the pressure off. We have partnered with industry leading providers to ensure you and your business are given the very best service and flexibility with low cost solutions designed with your needs at the very heart.
We understand the impact that poor cashflow can have on you, your business and your life. If your business needs cash for day-day running costs or for business growth, factoring or invoice discounting could be the answer.
Liquid Friday believes that the key to our success will be gaining an understanding of your business to ensure we can provide you with the most appropriate solution. Our specialist team will take the time to talk through your requirements and answer any questions you may have, all without obligation.
What’s the difference between factoring and invoice discounting?
We have split invoice finance into two categories; invoice factoring and invoice discounting. These solutions do differ and one will be more suitable than the other, this is due to the individual circumstances and development stage of the business.
In a factoring solution, the responsibility for collecting the money from your client is outsourced to a third party. There are many advantages to this solution. Perhaps the most important of these is that you will no longer have to resource the chasing of invoices. This can be a time-consuming process, and freeing yourself from it can enable you to concentrate on growing your business.
In an invoice discounting solution, you retain control of this process. You would not benefit from the potential time benefits associated with factoring but in an invoice discounting arrangement, your clients need never know that you are using invoice finance. They will settle their invoices in the normal way, and they will never have to deal with a third party.
Book time with one of our experts to see how you could benefit from these solutions and free up your money.