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Invoice finance firm unveils dedicated credit management service designed to help SMEs get invoices paid faster

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. Separate to its core offer, the Bristol-headquartered invoice finance specialist firm which works with companies across the UK, has created the service for clients to reduce …read more

Why SMEs are outsourcing more and more by Optimum Finance CEO Richard Pepler

Being an SME owner manager means being not just a jack, but often a master of all trades as you swap between your core business function to HR, accounting, credit control, financial planning, logistics, web design – the list could go on and on. If not managed sensibly, this can quickly lead to business burn …read more

The British Distillers Alliance: Prevention is better than cure when it comes to your financial pipeline

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. A plethora of start-up businesses …read more

Factoring vs invoice discounting: how should you choose?