Looking to free up your business’ cash flow?
Winlease can also help you manage your cash flow through Invoice finance or Insurance Premium Funding.
Invoice Finance allows your company to turn your unpaid current invoices into immediate cash within 24 hours. Don’t wait for 30,40 or even 90+ days for your clients to pay your invoices.
If you need working capital for your business such as pay staff, cover bills, pay supplier but don’t want to take on debt or create further debt then the Invoice Finance is your solution.
Major benefits:
- Funding in 24 hours
- No property security as collateral
- No lock-in contracts
- 80% of total value of invoices is advanced with 24 hrs. Balance of 20% less discount fee is available when invoices are paid by your client
- Unlike bank overdraft Invoice Finance grows with your business
Other solutions include Supply Chain Finance (pay supplier cash on delivery) or Trade Finance (works for importers)
Insurance Premium Funding allows your company to preserve valuable cash flow and to invest capital in other income producing opportunities.
Essentially we can arrange monthly payment of premiums via direct debit from your nominated account instead of being laden with a large annual premium payment.
Your premium funding loan can be used for almost all commercial insurance, from workers compensation and professional indemnity insurance, through to public liability and motor vehicle insurance.
Major benefits:
- No more lump sum payments to insurers
- Fixed interest rate for the term of loan
- Multiple premiums can be covered by a single loan
- Monthly direct debit payment plan
Interest charged is tax deductible for businesses
