Close Invoice Finance Ireland

read moreWe combine industry expertise with innovative, flexible funding solutions to support firms across the UK. Our range of products can be tailored to meet business' objectives such as improving cash flow or financing strategic events including mergers and acquisitions. Close Brothers' purpose is to help the people and businesses of Britain thrive over the long term. To achieve this, all of our diverse, specialist businesses have a deep industry knowledge so they can understand the challenges and opportunities that our customers and clients face.

read moreAsset based lending (ABL) blends invoice finance with funds released against other business assets, such as stock, property, plant and machinery, providing additional capital than invoice finance alone. Asset based lending is an excellent option for businesses looking to finance a management buy-out/buy-in, a merger or an acquisition. Alternatively the extra funds can be used as a contingency, providing additional working capital as and when required. Asset based lending is primarily aimed at larger companies that have a turnover in excess of 10m with existing assets including invoices, inventory or property.

read moreWe work with businesses from a wide range of sectors to help them meet their goals, whether it's improving cash flow, mitigating late payments or managing seasonal demand. If some of your turnover is export, we can also consider providing finance against these sales, especially if combined with our bad debt protection solution. Our confidential invoice discounting facility enables you to maintain control over the collection of payments, meaning that your clients won't know that you are using our service.

read moreWe offer an alternative approach to traditional finance that responds to your changing needs by growing in line with your business. Whether you need to manage cash flow, grow your operation or facilitate a strategic event such as a merger or management buy-out, don't let a lack of finance hold you back. A diverse range of sectors from manufacturing and engineering through to recruitment and healthcare successfully use our invoice finance solutions. It is particularly suitable for businesses struggling with clients' 30 day+ payment terms as you are able to access your cash as soon as the invoice is raised, rather than waiting until the following month or longer.

read moreOne of the main differences between invoice factoring and invoice discounting is that with factoring we would manage your sales ledger, credit control and collect payments from your customers on your behalf. This would allow you to save time chasing payments and help you focus on the day-to-day running of your business. If you would prefer to maintain control over the collection of payments have a look at our invoice discounting offering. Both approaches allow you to release the funds from your unpaid invoices on the same day that you raise them.

read moreThe directors of Close Invoice Finance Limited (the "Company") provide the following statement pursuant to the Companies Act 2006 (as amended by Companies (Miscellaneous Reporting) Regulations 2018) (the "Act") to describe how they have acted in accordance with their duty under s.172 of the Act to promote the success of the Company for the benefit of its member(s) as a whole, and in so doing, how they have had regard to those factors set out in 172 (1) (a) to (f) of the Act during the financial year.

read moreThe impact of bad debts on your bottom line can be significant. Our bad debt protection solution can help you to operate secure in the knowledge that you are covered should pre-approved customers get into financial difficulty. Bad debt protection is a product that can be added to your invoice discounting or factoring facility that ensures that you still receive payment in the event that your customer can't settle their invoices. We credit check your new and existing customers, and offer up to 100% protection on customers who have been pre-approved by our expert team, so you can have peace of mind that customer insolvency won't negatively impact the availability of funding.

read moreWe believe that customer loyalty should be rewarded, which is why if you introduce us to a business that becomes a new Close Brothers Invoice Finance customer, we will give you 2,000 to say thank you.