London is the hub of many companies based in the UK, it is also a base for many international businesses. All of which try to thrive in the busiest city in the UK under the cloud of the current economy.
In recent news, despite the prediction that the London 2012 Olympics which bring millions into the city, it seems that some business are not prepared and we’re only 6 months away from the opening.
Over half a million people will visit Britain for the games which will bring in £2 Billion in tourism, but are those businesses in the capital city, prepared for an influx of visitors?
There is a big focus on customer service, making sure those visitors have a positive experience when they visit these fair shores.
Another problem may be that companies don’t have the finances to promote their own companies, get house keeping in order or enable them to expand to provide better customer service. If this is the case, there is a range of alternative funding available to those companies, which they may not know about.
Rather than relying on traditional bank funding, asset finance is a great way of obtaining capital and getting your hands on some cash and fast.
Factoring enables companies to take the invoices they need to send out to clients and receive up to 90% of the value in advance. In fact, companies can have the money in their accounts within 24 hours.
6 months ahead of the Olympics, if companies need funding, the factoring and invoice discounting is a quick, effective and minimal cost solution.
Plus all the hard work is taken care of by the Factoring lender.
Don’t scout around for loose change in London, Factoring could be the financial solution you have been waiting for and wait no longer, contact a factoring lender today and have some business funding by tomorrow.