Opensolutions-London: What are the primary or most obvious benefits of invoice finance for the first time user?
Chris: Immediate cash when you raise an invoice.
Cash to pay suppliers and staff, negotiate discounts.
Invest in stock, staff or other growth plans to name a few.
Opensolutions-London: Why is Invoice Finance a great alternative to a loan or overdraft?
Chris: It grows with your business. You do not need to keep extending your debt servicing, it also lowers risks and improves cashflow.
Invoice finance can help maximise growth potential when combined with other products like asset finance stock.
Opensolutions-London: Cost control is one of the major sins of some businesses, and the lack of it is detrimental to growth. Can Bibby provide support for business owners facing that challenge? What about some of the lesser benefits that people may not be aware of?
Chris: There is an option of outsourced credit control so you can concentrate on running your business. Lower risk of bad debt.
Opensolutions-London: Chris, thank you for your time.
To schedule a call with Chris and discuss your current needs and finance options available for your business, please email.