Calverton Finance aim is to understand your business and your particular needs so that they can provide you with an invoice finance funding that matches exactly your requirements. They are a financial services business that offers a wide range of financial solutions to help your businesses to access funds you require. Their services include invoice finance, bad debt management and credit control
Calverton Finance offers several invoice finance options including invoice factoring, invoice discounting, invoice finance for recruiters and media. The have been established for over 20 years. Their head office is located in Milton Keynes, but in 2017 they opened a new office in Gatwick Office to support southern clients.
One of the great statistics is that 98% of their clients are Extremely Satisfied when taking the monthly survey that they send out. Calverton Finance are a perfect fit for new start companies looking for funding for growth.
February 2021 Calverton Finance was acquired by Cubitt Trade Holdings LLC, the firm specialises in financing clients in the recruitment, transportation, media and advertising sectors. As part of Cubitt, Calverton will be able to better serve its clients with stable, scalable, and flexible capital solutions.
Cubitt is a UK based speciality finance company offering versatile working capital solutions to a large and diverse client base. Cubitt are pleased to add Calverton Finance to their growing portfolio, as part of the group’s ambitious investment plans over the next several months.
Get the Right Invoice Finance Solution
Invoice factoring will allow you to access funds quickly from your unpaid invoices and will take away the hassle of collecting payments as they will manage that for you. Invoice discounting is available under two products – confidential invoice discounting and selective invoice discounting, with both you manage your own sales ledger and customers.
- New start businesses
- Established businesses looking to grow sales
- Business Restructures
- Acquisitions and Management Buy Outs of established businesses
Calverton Finance’s Invoice Funding Benefits:
- Release up to 90% of your invoice value
- Quickly access cash tied up in invoices
- Flexible service
- You can manage or hand over the management of customer accounts
- Offer both invoice factoring and invoice discounting
- Invoice discounting is offered as confidential or selective service
- Also offers short-term finance services
- Offers specialist service for recruiters
- Supports businesses that are newly established, growing businesses, those that are restructuring and making acquisitions
- Available to a variety of businesses including manufacturing, service industries and distributors
- Offers a full range of other financial services
Calverton Invoice Factoring Products and Services
Calverton Invoice Factoring is a cost effective funding solution that allows you immediate access to tied up capital. Calverton will buy your invoices, then advances you up to 90% of your invoice total, they also take care of your credit collections from your clients. The back office will run credit checks against all of your customers, this service will assists with credit control. This helps with the risk of your customers settling their invoices quickly. As your business grows, your available funding also increases to support your larger working capital needs.
Eligibility for Calverton Invoice Factoring, your business must turnover between £250,000 and £5 million. Bad debt protection is also offered with their cash flow solutions.
Confidential Invoice Discounting
Invoice Discounting from Calverton is similar to Factoring in that the factor will advance you up to 90% invoice value within 24 hours. You are responsible for the collections and credit collection management. Customers will be unaware that you are using the services Calverton, as they will pay their invoice to a client account in your business name. At this point the funds are then transferred to Calverton.
Once Calverton receives your customer’s invoice payment in full, you will receive the final 10% of your invoice value, minus the factors fees.
Selective Invoice Finance
Selective Invoice Finance is a simple and flexible solution that allows you to raise funds from cash tied-up in outstanding invoices. Simply select which invoices you want to receive up to 90% cash advances from. The submit them to Calverton, and then immediately receive the first payment of 90%.
This service is a none tied in agreement. The bonus for this is it works fantastic if your business is seasonal or has quick cash flow requirements. There are no long-term contracts. The charges are a single fixed fee and an administrative fee. Selective Invoice Finance is perfect for businesses no looking to fund all their ledger.
Calverton Recruitment Finance
Recruitment Finance is an industry lead funding facility for recruitment agencies. Calverton will fund your invoices up-to 90% to enable you to pay your temper workers or contractors on time. This ensures you do not have to wait for slow-paying invoices. They offer two options : Recruitment Factoring or Recruitment Invoice Discounting. Recruitment Invoice Discounting is completely confidential to your customers so only you and the factor know about the assignment.
Calverton Payroll Finance
Payroll Finance from Calverton Finance supports early-stages and growing recruitment agencies that do not have the resources or time to manage payroll and contractor weekly or monthly payments. Their online platform PayFactory provides wide ranging back-office facility including invoice, collections, payroll, deductions, reporting, finance, P45s etc.
Should You Use Calverton Invoice Factoring?
Calverton are an independent Invoice Finance provider that provides sector-specific support for certain industries such as recruitment agencies, media agencies and advertising, printing firms, cleaning companies, security firms, IT Services, healthcare sector and manufacturers. If you are a new or growing recruitment company that doesn’t have the time or resources to run your back-office administration, Calverton would benefit your business.
Calverton’s funding solutions releases up to 90% of the amount in your outstanding invoices within 24 hours. This could fee up capital to cover daily expenses and focus on business growth. Invoice Finance funding helps new businesses to get started due to it having a contact stream of cash.
Invoice Funding are one of the UK’s largest Invoice Finance Brokers. As we introduce clients to Calverton we get discounted rates with them. These are passed on to you when we introduce you should you require a quotation. Simply complete the online enquiry form to get started.