Originally posted by DimPrawn
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Reply to: Plan b - invoice factoring
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Previously on "Plan b - invoice factoring"
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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.
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I've got £20k of outstanding invoices from a few months back, give me £18k and you've got a dealOriginally posted by DimPrawn View PostYou 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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Originally posted by DimPrawn View PostI'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.
The selling them on part might be a bit difficult though......Originally posted by Sysman View PostI 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.
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I used to buy them about 10 minutes before closing time on Christmas Eve,Originally posted by DimPrawn View PostI'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.

Much money saved and could afford luxury ones. Money not tied up for months.
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Hey! No sledging.Originally posted by Spacecadet View PostMF already tried that and look what happened
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MF already tried that and look what happenedOriginally posted by DimPrawn View PostI'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:
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I've got a cracker for you next month.Originally posted by MarillionFan View PostAnother 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.
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:
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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:
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With the number of companies going bang and rate of exchange all over the place, yes go for itOriginally posted by DimPrawn View PostYou 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.

Leave a comment:
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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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