Invoice finance doesn't have to be daunting. Watch this short video to learn exactly how it works and how it could help your business.
The current economic climate has already seen many funders close their doors or decrease their lending amounts. This is a blow to the SME community but there are still options out there.
Chancellor of the Exchequer, Rishi Sunak, has announced the 2021 budget. We take a look at one of the biggest announcements for SMEs, the Recovery Loan Scheme
We're happy to announce the appointment Gordon McIntosh, as Chief Technical Officer furthering their specialism in the FinTech space.
CEO of Optimum Finance Anthony Persse, argues that the new rules in the Prompt Payment Code may actually be detrimental to the SMEs that they’re designed to protect.
We had a chat with Katy, one of our fantastic Relationship Managers, to hear more about her role at Optimum Finance.
We caught up with Assistant Relationship Manager Sian to hear how it’s all going, having celebrated her two-year anniversary with us in November:
Meet Sherie. Sherie is our Head of Operations and has been with Optimum Finance for two and a half years.
Optimum Finance client Anze, manufactures reusable gowns for doctors, nurses and patients, plus drapes and scrub suits. They are at the very heart of the fight to overcome Covid, whose services are playing a vital role in the ongoing battle with the virus.
Leading invoice finance provider Optimum Finance reports on the financial first half-year impact on SMEs of the pandemic and forecasts the outlook to March 2021.
Meet Ivan! Ivan is one of our Financial Controllers and has been with Optimum Finance since August 2019.
Beth is our superstar Assistant Relationship Management Team Leader and has been with Optimum since 2017.
After possibly the most challenging and tumultuous year for business in living memory, Optimum Finance CEO Anthony Persse looks ahead to the next 12 months:
Leading invoice finance provider Optimum Finance has unveiled a new website that facilitates instant funding decisions as part of an updated strategic vision.
Andy Phillips, regional sales director at Optimum Finance, gives his advice to businesses experiencing a downturn in their performance and looking for turnaround and recovery support.
More industry heavyweights for Optimum Finance
Optimum Finance appoints Anthony Persse as new CEO
We caught up with Glenn Blackman, partner at FundInvoice LLP, to discuss how using our web app service has bolstered their offering.
Alex Hayward Managing Director at 14 Day UK Ltd, discusses how using Optimum Finance’s invoice finance services helped his business through Covid-19.
Bristol and London-based invoice finance provider and fintech firm Optimum Finance has appointed three industry experts to bolster its offering.
Leading UK invoice finance firm Optimum Finance is hosting a free online webinar for SME owners and managers whose businesses have been adversely affected, financially or otherwise, by the coronavirus pandemic and would like to know how to best to support their financial health.
Our latest innovation in the invoice finance market is designed with intermediaries in mind.
We are extremely excited to introduce our brand new web app for intermediaries.
Optimum Finance CEO Richard Pepler offers strategies to SMEs in planning for recovery
Leading UK invoice finance firm Optimum Finance has announced a new funding line increase to £16 million as it strives to provide small and medium businesses with access to immediate funds to enable a long-term healthy cash flow position.
The Budget scheduled for tomorrow (Wednesday 11 March) looks set to be a defining moment in the Government’s handling of the Covid-19 global outbreak.
We have launched a support service designed for firms in the healthcare sector called Optimum Medic.
In addition to the emergency interest rate cut announced by The Bank of England today (11 March) from 0.75% to 0.25% which will make borrowing cheaper for businesses, here’s a rundown of key Budget measures which will affect small and medium businesses
Open Banking is a financial technology (fintech) term. It refers to the process where open APIs (application programme interface) can be used by third parties to build digital applications which can perform a range of tasks and functions to facilitate the sharing of financial data.
We visited our London based customer, designer fashion brand Hope & Ivy, to speak to company founder Beth Chilton about the business, and why they decided to leave their bank to begin working with us here at Optimum Finance.
It’s important to take stock of how you spend your time and regularly assess whether you are working as effectively as possible.
We visited one of our customers Adan Limited based in Boston, Linconshire and spoke to managing director Steve Plaskitt about his business, the industry and how our services such as factoring and cash flow have improved cash flow for the company.
Optimum Finance has delivered a specially tailored credit control and debtor protection service to Adan Limited since 2018
Dragon’s Den success story Hope and Ivy has achieved faster, more sustainable growth with the support of a flexible invoice finance package from Optimum Finance.
Invoice finance firm Optimum Finance has appointed Lynn-Marie Stephenson as regional sales director for the North, highlighting the company’s continued nationwide growth.
The team at Optimum Finance is comprised of knowledgeable and professional invoice finance experts with a wealth of experience between them and the entrepreneurial skillsets to support our customers in securing the right cash flow and working capital solutions to drive growth.
Invoice finance specialist Optimum Finance has provided funding to support an MBO by leading UK vegetation management, fencing and landscaping firm ATM.
It’s a common story. A new business is launched, proves a big hit, grows quickly and appears to be a huge success. It takes on more staff, moves into a bigger premises, attracts bigger contracts, then suddenly, out of the blue, it collapses.
Specialist lender [Optimum Finance](https://optimumfinance.co.uk/) has announced a collaboration with [Tectona Partnership](http://tectonapartnership.com/) to broaden its business support offering and complement its range of services.
Optimum Finance is launching a dedicated credit management service in a bid to tackle the slow payment of invoices which plagues many thousands of UK small and medium businesses.
The Weston-super-Mare based company, UK Book Binders, has been print finishing for over 40 years, and have a combined experience of over 250 years in the trade. We have been working with them to support their extended growth.
Fast growth firm Optimum Finance is leading the UK invoice finance market by incorporating cutting edge technological solutions into its client approvals, onboarding process and financial reporting systems.
A business news site recently featured the Optimum Finance app for SMEs ([original article](http://www.bristol-business.net/app-with-a-snap-decision-on-funding-for-smes-developed-by-optimum-finance/)) > Bristol-based invoice finance firm Optimum Finance has launched its industry’s first app aimed at accountants to empower them to gain almost immediate funding approval for their small business clients.
The UK drinks market has been experiencing a boom in recent years, the gin category alone reached record highs in the summer of 2019 with sales, both home and abroad, peaking at £2.2 billion, according to the Wine and Spirit Trade Association (WSTA).
Inconsistent payment terms resulting in cash flow pressure and an opaque financial outlook are the key findings of a survey of SME businesses in the South West.
Specialist in SME finance Optimum Finance has published its first quarter results for 2019 to show growth of 15% in Q1 over Q4 in 2018, and 166% growth compared to Q1 in 2018, as small and medium-sized enterprises continue the upwards trend of using invoice finance and factoring services to manage cash flow.
The expectation of invoice finance as a business function is evolving into something much deeper, it’s no longer just about the money.
Accountants are key influencers when it comes to the management of their clients’ finances. They have a huge impact on SME clients and how funding solutions can contribute to commercial business success.
Darcy Associates is a speclialist recruitment agency for construction workers. The company had worked with other finance companies, however, no one could keep up with their growth. When we started with working with Darcy Associates we immediately supported the businesses growths and values which helps them keep to their USP of paying workers before paying themselves.
We have been working with 3Ks Engineering Company Ltd for six months now and in this short time we have helped to improve their cash flow so they can focus on continuing to provide a fantastic quality service to their customers
To put 2019 in perspective we need to take a look back. In the 3rd quarter 2009, Credit Insurance losses on failed businesses peaked at £89m for the UK. This was the delayed effect of 2008’s bubble bursting and set a new record.
It’s no secret that the survival of small business can be challenging for entrepreneurs in the UK — only four in ten businesses survive past the five year mark of running the business.
More than half of new UK businesses don’t survive beyond their first five years and while SME owners will readily blame the tax system, lack of bank lending or late payments, often the failure is down to something much more basic – bad financial management
We have now been working in partnership with finance brokers [TML Finance and Advisory](https://www.tml.uk.net/) for over a year and we’re proud to say that between us we have established a significant roster of clients across a wide range of industries.
The UK drinks market has boomed in recent years. The gin category alone achieved record sales of £2.2 billion in the summer of 2018 according to the Wine and Spirit Trade Association (WSTA), while the whisky market has seen an increase in sales of premium blends of 3.1 per cent.
Invoice finance firm Optimum Finance has reported a summer boom for SMEs in the South West compared to growth in previous years and since the Brexit decision two years ago.
It’s that dream contract that could transform your business. A major new deal that is going to ignite growth and propel your company to the next level.
If there’s a horse at Cheltenham this week called ‘Brexit Bull’ I strongly urge you to put a hefty bet on it. It’s sure to be a good runner.
All businesses have trading relationships with both suppliers and customers. Suppliers who extend credit to your business by letting you pay for goods or services after you receive them are your creditors.
In this blog post we highlight a sophisticated scam, which targets trade suppliers of goods, often early stage companies building a client book. Small companies are being advised to be vigilant by increasingly sophisticated frauds such as the one explained below.