Work in progress (WIP) / Debtor Funding
We are here to help you find the right financial option for your business.
REDUCE THE BURDEN OF CHASING INVOICES WITH A CASH INJECTION
Work in Progress (WIP) finance or as it’s sometimes known – debtor funding, can be used to support cash flow and release funding by generating revenue against unpaid invoices.
Buoyant cash flow is essential to a fledgling or growing business and a lack of invoices being paid on time can create unnecessary stress for business owners.
A welcome cash injection for a project which is currently being worked on, in the form of WIP finance, can ease pressure and enable businesses to stabilise cash flow with a boost in working capital.
WIP finance is suitable for any business which operates an invoicing procedure, or which has its own finances tied into work in progress. Business Finance – A V4B Company has helped thousands of companies including solicitors, construction firms, accountants and IT suppliers. Decisions on funding are usually made within 24 hours and each case will have a dedicated Business Finance – A V4B Company account manager.
Benefits of WIP/debtor funding:
- Flexible repayment terms
- Ideal for businesses of all sizes, in most sectors
- Generate immediate working capital
- Stabilise cash flow