This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Manufacturing Company Growth with Invoice Finance
Your manufacturing and engineering business plays a crucial role in the UK economy. The sector as a whole contributes £224 billion to Gross Value Added (GVA) and accounts for a staggering 49% of all UK exports (UK Made).
Yet, despite this resilience, sometimes cash flow can feel tighter than a bolt on a finely tuned machine. Don’t let cash constraints impede your progress. Whether you’re seeking additional working capital to fuel organic growth or looking to make an acquisition, Pathfinder’s invoice financing for manufacturers can help drive your business forward.
Manufacturing Invoice Finance Benefits
For manufacturers looking to boost productivity, invest in cutting-edge equipment or expand into new markets, having the precise level of working capital at your disposal is crucial. Invoice financing for manufacturing sectors offers a rapid infusion of working capital to power your business growth.
- Improved Cash Flow: We help manufacturing businesses keep operations moving with improved cash flow, releasing cash tied up in unpaid invoices. You’ll be able to cover upfront costs for materials, labour and production.
- Flexible Finance Options: Our invoice financing for manufacturing businesses scales with your sales, making our services ideal for dealing with seasonal demand or fluctuating order volumes. You only borrow against what you’re invoiced, offering greater flexibility than traditional loans.
- Reduced Risk of Bad Debt: Invoice factoring is the perfect way to gain credit control and debtor protection, helping you safeguard your business from outstanding customer invoices – a common risk in manufacturing supply chains.
- Quick, Simple Application Process: Benefit from streamlined application processes with Pathfinder Invoice Finance. We understand speed is critical to meeting your production deadlines and fulfilling contracts.
Types of Finance for Manufacturing Companies
- Invoice Finance
Manufacturing invoice financing unlocks tied up cash in unpaid invoices, with a lender providing immediate access to cash flow without having to wait for customers to pay. It helps manufacturers cover different expenses including wages, materials and production. Learn more about invoice financing.
- Invoice Factoring
Receive up to 95% of unpaid invoices in cash, with all sales ledger administration and payment collections managed by our experts. Flexible invoice factoring for manufacturing SMEs gives more control on how you can spend and gives your internal teams more time to focus on day-to-day operations and business expansion. Learn more about invoice factoring.
- Invoice Discounting
Invoice discounting gives you access to funds against your unpaid invoices while retaining control of your customer relationships. It’s the ideal solution for manufacturers who want to improve cash flow without external involvement in collections. Learn more about how invoice discounting can help.
How Does Invoice Finance for Manufacturing Work?
Invoice financing for manufacturing works in three simple steps:
Step 1: Submit Your Invoice – using our secure software, submit your manufacturing invoices.
Step 2: Access Funds – we release up to 95% of the outstanding invoice value into your accounts, optimising your cash flow.
Step 3: Payment Collection – if choosing invoice factoring, we collect payments on your behalf. Invoice discounting lets you collect all debts from your customers.
Why Choose Pathfinder?
Strengthen supplier relationships by enabling prompt payments to suppliers, secure in the knowledge that the funding is available with services from Pathfinder Invoice Finance. We make everything simple and efficient, rather than you dealing with lenders directly who often can’t keep up with the fast-paced nature of the manufacturing industry.
Connect with Pathfinder’s team of invoice financing for manufacturing experts to find out how your business could benefit from a rapid injection of cash. Simply complete our Fast Track Callback Form below to schedule a consultation or call us directly on 07366 476672 to speak to our team.