Securing invoice finance can be a smart way for businesses to improve cash flow, especially when waiting for customer payments. Invoice financing allows businesses to borrow money against unpaid invoices, giving them immediate access to funds. There are several top tips for successfully securing invoice finance: Be organised – a lender will want to see…
read moreA credit score is a numerical representation of a business’s creditworthiness and is used by lenders to assess the likelihood of a borrower being able to repay a loan. The calculation is based on factors such as longevity of the business, payment history, amount owed, length of credit history, new credit applications/enquiries and types of…
read moreCreating a financial forecast for a growing business is an essential part of its strategic planning. It helps business owners anticipate future financial outcomes, manage cash flow, and make informed decisions. Whether the company is seeking investment, planning for expansion, or simply aiming to maintain sustainable growth, a well-thought-out financial forecast can be key. We…
read moreThere are several financial tools available which can assist a company with its budgeting. Providing access to capital, improving cash flow, managing costs and enabling good investment strategies are just a few of the benefits that can be experienced. Here are our top 4 funding tools: Business loans Capital for growth – the funding of…
read moreVAT lending is a type of business finance that allows a company to better manage its short-term cash flow. Essentially, it is a loan that covers the cost of a VAT bill. This can be particularly beneficial when a business has to pay a large amount of VAT to its suppliers before it can invoice…
read moreA cost-benefit analysis is an excellent systematic process that can be used to evaluate the financial impacts on a company when applying for business finance. It compares the total expected costs with the total expected benefits and determines whether proceeding with an application is viable and beneficial. This analysis helps businesses assess all financial impacts,…
read moreIn today's challenging economic climate, businesses must manage cash flow with greater precision. Tax obligations and VAT payments can significantly drain capital, posing a considerable challenge for many firms. At NGI Finance, we recognise these challenges and continuously explore options to ease cash flow and assist with the cost of tax bills. One effective strategy…
read moreBusinesses face constant changes, so it is vitally important that they maintain financial agility in order to sustain growth and resilience. Having a flexible budget and access to strategic business finance solutions will enable a company to navigate uncertainties, capitalise on new opportunities and achieve financial goals. In our opinion there are 10 key reasons…
read moreBusiness finance is diverse, it can be used to help fund the purchase of an asset, to fulfil growth plans, to release working capital, to free up money from unpaid invoices, to complete on a property development deal or to simply boost cashflow. Previously businesses would have not considered business finance as they would have…
read moreReceivables finance enables a business to access cash immediately even though invoices remain unpaid. The unpaid invoice, also known as accounts receivable, is considered an asset and can be used to broker a deal for finance. A relationship is established with a company specialising in receivables finance (bank, factoring company or alternative lender), they take…
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