How can businesses unlock cash tied up in unpaid invoices?

In this bonus episode, hosts Tracy Smart and Sam Jones sit down with Chris Mitcham, a seasoned expert in invoice finance, to share practical insights on how businesses can prepare for and maximise invoice finance. Whether you’re facing cash flow challenges or looking for ways to fund business growth, this episode provides essential tips on securing the right invoice finance solution.

Chris explains the key factors lenders consider, the difference between factoring and invoice discounting, and how businesses can speed up the funding process. He also discusses the role of finance brokers, the importance of forecasting future cash needs, and the biggest risks in invoice finance.

• (00:00) - Invoice Finance Tips with Chris Mitcham
• (00:30) - Essential Preparations for Invoice Finance
• (02:34) - Understanding Different Invoice Finance Options
• (03:53) - Finding the Right Finance Provider
• (04:52) - Quick Fire Questions and Conclusion

Chris Mitcham: With 25 years in the invoice finance sector, Chris Mitcham is a Senior Business Development Manager at Ultimate Finance. He has extensive experience in structuring bespoke funding solutions for B2B businesses, helping them access cash tied up in outstanding invoices. His expertise spans multiple industries, including recruitment, manufacturing, and construction.

Finance Focus helps businesses navigate the ever-evolving world of finance. Each episode features expert insights, practical advice, and in-depth discussions on topics such as crowdfunding, trade finance, angel investing and debt. Hosted by Tracy Smart from The Smart Team and Sam Jones from Satellite Finance.

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Finance Focus is produced and edited by Story Ninety-Four in Oxford.