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Professional Fee Financing
Professional fee financing gives you the best of both worlds. It is an efficient new way to improve your cashflow while offering your clients a flexible and affordable payment option.
The way it works is that you execute a credit agreement with your client covering the fee for services you've completed. You assign the credit agreement to Enterprise Finance Europe and we pay you 100% of the fee value. We then collect the fee and interest at an agreed instalment using a monthly direct debit.
This service is available to all your business clients and does not affect your existing banking arrangements. It is supported by a secure, automated online management system, accessible 24 hours a day, 365 days a year.
Professional fee financing enables you to:
- Release funds tied up in fees and convert them into cash
- Offer clients extended credit terms to help spread the cost of fees
- Give clients the flexibility to pay over six, nine or eleven months
- Reduce the risk of bad debts
- Improve debt turn, reducing your own borrowing needs
- Access information on your client's payment history using our secure online management system
We can help you unlock the value in your firm.
Contact us today, click HERE.
We maintain full recourse to your accountancy firm should your client fail to pay the instalments in accordance with our standard credit agreement and documentation.
Provision of the service is at our discretion and subject to you meeting our commercial finance criteria. Information on the features of the service and our terms and conditions are available on request.
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