Reference Number. 176743
For over 30 years GRENKE has specialised in providing financing solutions for small and medium sized enterprises.
Based in Guildford, GRENKE Factoring provides factoring to clients throughout the UK. Factoring is a flexible form of funding which allows your business to be more competitive while improving your cash flow, credit rating and supplier discounts.
Does your business find itself in any of these situations?
- Do your customers frequently make late payments?
- Would your business like to negotiate better terms with your suppliers?
- Is chasing and collecting payments time consuming?
- Have your business already incurred losses as a result of customers failing to pay?
This is how GRENKE Factoring can benefit your business
- Liquidity - immediately unlock the cash for the receivables assigned to GRENKE.
- Peace of Mind - should your customer be unable to pay, there is no cost to your business
- Less admin - your business spends less time and effort chasing and collecting payments
- Better credit rating - the equity-to-total assets ratio of your business improves, as does your business credit rating
- Improved purchasing terms - greater liquidity means that your business can negotiate enhanced terms with your suppliers
- Investment - your business will have more resources for capital expenditure and important projects.