If your company provides credit terms to customers waiting for payment can put a strain on your working capital. Unfortunately, your operating costs don’t wait. Your staff can’t wait and your own creditors may be pressing. Or it could be that you need to access capital quickly to invest in your business.

There are a number of traditional sources of increased working capital. Your bank may extend your overdraft or you may make some more formal borrowing arrangement. Fifo Capital offers an effective solution that requires no change to your current financing arrangements and, unlike bank invoice financing, there is no requirement for a registered charge over your personal property or any mandatory requirement to take specific security against company assets.

Our service is called invoice financing or invoice factoring. It provides a flexible source of working capital that is linked to your company’s current receivables rather than the value of your fixed assets or the strength of your balance sheet. This solution is particularly suitable during periods of strong growth and/or seasonality.