Informed Funding’s Finance Seminars are aimed squarely at business owners. Our seminars focus on a critical underlying challenge faced by leaders of growing businesses in the UK. 

 

Members of your senior team are invited to sign-up for our free webinar in two weeks as we look at how Directors can get cash out of big customers quickly enough while avoiding ramping up debt in the process.  

 

The webinar will be live on Thursday, 26th November from 5:00pm - 6:00pm (GMT)

 to sign-up for our free webinar.

 

The big challenge we will be looking at is simple – how do you get cash out of big customers quickly enough, to avoid ramping up a lot of debt in the process. Very many BIG companies, pay SLOWLY – and they are in control. Recent research by Experian shows that it takes large UK businesses, ON AVERAGE, over 80 days to settle an invoice – and that’s once it’s been through an approval process!
 
Many who run growing businesses strive to get big deals from big customers, and it can take a lot of hard work and a long lead time to close a high value sale. However, it’s seriously bad news when it then takes weeks to get through the process of getting registered on to the customer’s approved supplier system (which allows you to invoice and get paid) and that’s BEFORE finding that you have to accept 60, 90 or even 120 day credit terms.

 

• How do you check in advance how quickly your customer is likely to pay you – rather than what they might claim?
• How do you get YOUR processes and documentation right, so that all possible delays are avoided?
• What’s the best way of challenging the Customer when you feel you are being unfairly treated? What are your rights?
• If giving extended credit is unavoidable (but, potentially, unaffordable), how can you use one of the “Alternative Funding” platforms to convert the invoice you have issued in to immediate cash?

 

We’ll be joined by Saraj Sall from Business Information, Experian National

 

The Nationals team within Experian assist businesses to make better decisions and increase profitability by gaining accurate insight into their customers, the economy and market through sound credit risk management. They understand the variables to help Directors and other financial professionals manage the credit risks within their businesses. 

 

We’ll also be joined by Oliver Cummings from MarketInvoice.

 

MarketInvoice is one of Europe's largest peer-to-peer financial technology platforms, and has helped more than 1,300 UK small businesses raise over £500m in funds since launch in 2011. 

Oliver has a broad finance, venture capital and accountancy background from his time at Nauta Venture Capital Partners, Smith & Williamson Corporate Finance, HSBC ECM and EY. He is a formal mentor to start-ups through accelerator programmes at StartupBootcamp FinTech and Level 39 (Europe’s largest FinTech accelerator) and he is also a Tech Advocate.

 

We’ll also be joined by Jack Trowbridge from GapCap. 

 

One of the 4 founding members of GapCap, Jack's growing reputation in Alternative Finance mirrors that of his business. GapCap is a fast and flexible alternative to traditional invoice finance whereby we aim to accelerate SMEs growth by releasing working capital which is locked up in their invoices. In a market which is becoming heavily reliant on technology, we think it is important to keep the old school personable values and therefore aim to forge strong, personal relationships with each of our clients.