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Previously on "Plan b - invoice factoring"

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  • conned tractor
    replied
    Originally posted by DimPrawn View Post
    You buy companies invoices at up to 90% face value and pay the company quickly. They get their cashflow sorted.

    You then invoice the debtor company full invoice value.

    You make 10% on every invoice.

    Win win - what's not to like?

    Invoice Factoring - Lloyds TSB Commercial Finance

    I could write a book on all these great ideas.

    I've a mate who uses invoice factoring to get his invoices paid. I think he said it generally comes in at less than 5% and his invoices are up to around 250k. I can let you know who he uses if you're really interested.

    Leave a comment:


  • d000hg
    replied
    Originally posted by DimPrawn View Post
    You buy companies invoices at up to 90% face value and pay the company quickly. They get their cashflow sorted.

    You then invoice the debtor company full invoice value.

    You make 10% on every invoice.

    Win win - what's not to like?

    Invoice Factoring - Lloyds TSB Commercial Finance

    I could write a book on all these great ideas.

    I've got £20k of outstanding invoices from a few months back, give me £18k and you've got a deal

    Leave a comment:


  • blacjac
    replied
    Originally posted by DimPrawn View Post
    I've got a cracker for you next month.

    No it really is a cracker.


    Buy up Christmas crackers cheap in January and sell them in November/December at full price.

    Originally posted by Sysman View Post
    I used to buy them about 10 minutes before closing time on Christmas Eve,

    Much money saved and could afford luxury ones. Money not tied up for months.
    The selling them on part might be a bit difficult though......

    Leave a comment:


  • Sysman
    replied
    Originally posted by DimPrawn View Post
    I've got a cracker for you next month.

    No it really is a cracker.


    Buy up Christmas crackers cheap in January and sell them in November/December at full price.

    I used to buy them about 10 minutes before closing time on Christmas Eve,

    Much money saved and could afford luxury ones. Money not tied up for months.

    Leave a comment:


  • MarillionFan
    replied
    Originally posted by Spacecadet View Post
    MF already tried that and look what happened
    Hey! No sledging.

    Leave a comment:


  • Spacecadet
    replied
    Originally posted by DimPrawn View Post
    I've got a cracker for you next month.

    No it really is a cracker.


    Buy up Christmas crackers cheap in January and sell them in November/December at full price.

    MF already tried that and look what happened

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by MarillionFan View Post
    Another classic idea from the man who last month offered us 'Do you own back street abortion kit' on Ebay which consisted of a rusty coathanger and a bottle gin and the previous month 'How to double your money on Roulette or nothing back'

    Genius.
    I've got a cracker for you next month.

    No it really is a cracker.


    Buy up Christmas crackers cheap in January and sell them in November/December at full price.

    Leave a comment:


  • MarillionFan
    replied
    Another classic idea from the man who last month offered us 'Do you own back street abortion kit' on Ebay which consisted of a rusty coathanger and a bottle gin and the previous month 'How to double your money on Roulette or nothing back'

    Genius.

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by DimPrawn View Post
    You buy companies invoices at up to 90% face value and pay the company quickly. They get their cashflow sorted.

    You then invoice the debtor company full invoice value.

    You make 10% on every invoice.

    Win win - what's not to like?

    Invoice Factoring - Lloyds TSB Commercial Finance

    I could write a book on all these great ideas.

    With the number of companies going bang and rate of exchange all over the place, yes go for it

    Leave a comment:


  • DimPrawn
    started a topic Plan b - invoice factoring

    Plan b - invoice factoring

    You buy companies invoices at up to 90% face value and pay the company quickly. They get their cashflow sorted.

    You then invoice the debtor company full invoice value.

    You make 10% on every invoice.

    Win win - what's not to like?

    Invoice Factoring - Lloyds TSB Commercial Finance

    I could write a book on all these great ideas.

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