South Yorkshire UK Business Invoice Factoring Financing Funding Service Launched

A factoring company has launched services in South Yorkshire, UK. It provides bridge funding for local businesses there that have suffered a downturn due to the pandemic.

Sheffield, United Kingdom - August 10, 2020 /PressCable/ —

Enable Finance has launched financial assistance services for local businesses in South Yorkshire. Business owners looking for alternative sources of funds after the pandemic lockdowns are invited to contact Enable Finance for viable alternative finance solutions today.

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The launch of services by Enable Finance in Yorkshire was prompted after research showed that numerous businesses in Yorkshire were solid in their core but needed short time assistance after the downturn caused by the worldwide pandemic. The company provides a reasonable source of funds to companies that maintain inventory or have contracts. They understand the ebb and flow of business cycles and work in conjunction with local businesses to help them bridge the lows.

As the fourth quarter quickly approaches Enable Finance saw fit to extend it’s factoring options to the small business community in Yorkshire. The factoring options are based on companies’ actual sales, history, reputation, and other factors that most institutional banks do not consider.

Factoring is a viable option and Enable Finance treats each client as an individual looking at the company in a completely different light than a bank. They view themselves as partnering with local businesses and desire to see local Yorkshire companies not only survive through the pandemic but grow and thrive beyond it.

Companies in Yorkshire that find themselves in a ‘pinch’ right now are encouraged to contact Enable today and explore the many possibilities available. Many local business owners are not aware that money is readily available to them and are pleased when they are assisted quickly without the burden of onerous regulations and paperwork.

Yorkshire’s business community can take advantage of several types of invoice factoring facilities. Those include single invoice factoring or spot factoring, recourse and non-recourse invoice factoring, and CHOCS (Customer handles own collections).

Certain businesses in Yorkshire that are in specific industries have special options. Those industry-specific businesses include recruitment agencies, temporary recruitment agencies, construction companies with contractual debt, body shops, and businesses that use invoice factoring to fund growth.

The launch of services by Enable Finance in South Yorkshire brings a viable new option for qualified businesses needing a temporary financial bridge during this troubled time.

For more information see the above URL.

Contact Info:
Name: Phillip Evans
Email: Send Email
Organization: Enable Finance
Address: Sheffield Science Park Cooper Buildings Arundel St., Sheffield, South Yorkshire S1 2NS, United Kingdom
Phone: +44-114-294-5046
Website: https://www.enablefinance.com

Source: PressCable

Release ID: 88972017