Let me ask you…
- When was the last time you fainted while on a train?
- Or suffered from hysteria while driving your car?
- Or even electrocuted yourself while on the phone?
I (hope) you could answer ‘never’ to all of these questions.
They all relate to innovations which, because they were new, caused society-wide panic at the time. 200 years ago, individuals would rather walk than jump on a train for fear of going too fast and fainting!
Luckily for us all, technology and our opinions continued to change, and most of us aren’t afraid to pick up the phone anymore.
We have similar feelings and myths in the business world even today.
Take the subject of invoice finance, for example.
30+ years ago, you’d hear horror stories about business owners choosing the wrong invoice finance lender. So, while they managed to leverage their unpaid invoices and did receive an instant cash injection – it did their business more harm than good in the long run.
But, just like all innovations, invoice finance has changed dramatically in recent years – now:
- You don’t always need a personal guarantee
- You’re able to get finance from £20k to £2m
- And it can be arranged on invoices from most income streams and rebates.
Thankfully, nowadays invoice finance is a smart move for most businesses – allowing you to confidently take on new work knowing you have the finance available to fund it.
Want to try invoice finance?
There are over 70 finance companies who will lend you money on your invoices, and they all have their own “Sweet Spot” for the right client – which is where I can help.
Remember, many used to think flying was dangerous, but the planes are better now. The same goes for invoice finance.