The Power of Pareto: A Simple Idea To Transform Working Capital

If you are familiar with the Pareto Principle, you're probably aware that 20% of your customer sales can account for 80% of your business finance and success. This is particularly important in quickly growing companies where time is of the essence. The problem is that for B2B businesses customer invoices can result in weeks and months of paym...


Granting Wishes with Convertibill® Finance

Accessing the capital need to grow a business can be a long and difficult process. Even those who receive grant aid may have to wait to receive payment.

In the time most traditional lenders take to approve an application, many commercial opportunities are lost. With Convertibill®, approval and capital can be provided within 72 hours. ...


How Does Purchase Order Financing Work?

If you’re hoping to grow your business by taking on more customers and fulfilling more orders, using business finance can help.

Purchase order finance is a solution that allows you to take advantage of growth opportunities while maintaining healthy cash flow. Here’s everything you need to know about how purchase order finance wo...


What Is a Sales Order? All You Need to Know

Before completing orders and delivering goods or services to customers, businesses confirm orders using a document known as a “sales order”. But if you haven’t sent or received a sales order before, you might be wondering what it is and how it differs from an invoice or purchase order. Here’s everything you need to know about sales orders....


Long Term Leases And How They Can Help Your Business

Offering your customers more payment options can increase your sales and customer satisfaction levels.

If you sell large or expensive products like equipment or heavy machinery, you might be able to boost your business by offering long term leases. Here’s everything you need to know about long term lease agreements — including ...


A Step-by-Step Guide to the Order to Cash Process

The order to cash process (also known as O2C or OTC) is the process every customer order progresses through.

It refers to an order’s journey from the moment it’s placed through to the day you receive payment from the customer. This process is key to your business’ success, as the experience your customers have placing and receiv...


Invoice Discounting vs Factoring: What’s the Difference?

Invoice discounting and factoring are both forms of invoice finance.

They both involve selling unpaid invoices to a financial provider, who will then give you a cash advance on the majority of the unpaid balance. This releases funds tied up in unpaid invoices. These funds, when released, can be put towards business running costs or fur...


A Lorry for the Fleet: How Convertibill® Financed Business Expansion

By choosing Convertibill®, clients can take control of their finances.

We allow you to choose the specific invoices you want to finance. It is not an “all or nothing system” like other institutions and no unnecessary charges are put in place. Clients do not need to commit their entire ledger or enter into a long term commitmen...


What Is Flexible Finance: Your Options Explained

Whether you’re looking into business finance to solve cash flow problems, fuel business growth, or to increase your working capital, there are plenty of finance options to consider.

Gone are the days when bank business loans were the only support available for small and medium businesses. People are even starting to move away from ...


What Is Customer Finance, And Should You Offer It?

Nowadays, just about everything can be paid for in monthly instalments, rather than upfront.

And it’s not just customers who are benefiting from flexible payment plans. Businesses who offer customer finance can benefit from increased conversion rates and customer loyalty. So if you want to stay one step ahead of the competition, you...