Every week our Managing Director, Mark Smilie sends a letter to our business community. This week, Mark has set his sights on what finance you could think about if clients can’t pay outstanding invoices!


“Dear Business Community,

It felt strange having a day off on Friday to ‘celebrate’ VE Day, but it did make me think how lucky we are, even now, compared to the generation at that time.

Moving on, this week’s email is a bit off a one off so if it’s not for you, jump straight to the end for business loan support…

Do you have a good business, with plenty of work, but you need help funding that work until you get paid? Or, have you considered ‘Invoice Financing‘, but rejected it because you thought your business didn’t match the criteria for it?

Well… at the last count, there were now 92 finance companies who would lend money on your invoices, so the chances of there being a way for you to get money before your clients can pay are better today than ever. The problem is though, knowing which one of those is most likely to say yes to your particular requirements – this is where I come in…


This is my area of expertise.

How does invoice finance work? If your clients can’t pay immediately, you have options. A finance company gives you an advance on invoices owed to you, you set a repayment agreement with them. You then collect in your debts as normal, with your clients not having any interaction with the finance company.

Note: Construction Companies are very welcome to this type of finance, as they can get advance payments on Contractual Work and Uncertified Applications for Payment.


Invoice finance really has changed in the last few years, like I said though, it is simply a question of knowing where to go.

Contact me today, and I will tailor make a solution to suit your company’s circumstances, which could be a combination of the following.

  • A solution with no personal guarantee
  • You need invoice finance in relation to just one particular client
  • A solution which understands that you have a highly personalised service of payroll, HMRC payments and debt collection in your own company name.
  • Or you might have had past issues and cannot get finance

Whatever the case, I know a lender for you!

Why not put me to the challenge!! Just tell me what you want and see if I can deliver, you are welcome to call me on 07710 466166. Go for it…


Do you already have Invoice Finance? Well you might be interested in this short video…


But, this is a clue to the content… have you been with the same insurance company for years and then found out you could get the same cover for 20 to 50% less elsewhere? Well, it can be the same with finance companies.

Let’s look, there could be a better deal out there. If you think it might be difficult to move finance company then think again…

I can help you arrange a simple payment to your old finance company and the new company takes over their position, it really is that easy.


You might also want to read this…

Don’t put your own money into your own business without doing this first


Already applied to the bank for a CBILS loan and not got anywhere? You can still re-apply here!

How does that work?

Well, banks have lending tiers based on credit rating, and if you do not qualify – you will be turned down. Finance companies are more flexible and, they have additional lending tiers.


Are you looking for a Non-Government backed business loan during these times?

If you have a business that is trading, and you can demonstrate that you will be able to make the loan repayments, we at Ringrose Business Finance can help you get your business finance, quickly and easily.


In this current marketplace everything is down to how strong your relationships are with the finance companies – as brokers, ours are strongest, therefore there is an 80% chance of acceptance by using us as opposed to less than a 30% chance by going direct.

Please pick up the phone and say hi, you are always welcome to call me on my personal mobile, number below…

Very best wishes,

Mark Smillie

The numbers you need: 0800 612 5364 or 07710 466166


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