Invoice Finance / Invoice Factoring
RiverRouge Financial Services is specialised in finance solutions for small manufacturing companies in the UK.
Does your business need urgent cash to grow and fund your next projects?
Are long payment terms of your customers slowing you down?
Are bank loan applications too complicated and take too long to help you?
We provide two services to help our clients cash-flow and provide a robust financial platform to fund their growth.
Invoice Finance / Invoice Factoring
Equipment Finance and Leasing
Investing in new plant and machinery can be a big decision for a business and it makes good sense to consider every option when thinking about how best to finance such an investment.
At RiverRouge, our manufacturing asset finance experts can offer a range of options that will help improve your cash flow and keep your working capital free while ensuring you achieve your investment objectives.
As plant and machinery funding experts, we understand the challenges you face in your business and have the experience to help you fund the assets you require.
With RiverRouge Finance, we can find ways to exploit tax efficiencies and cash flow management processes to enable you to keep more funds free to reinvest in your business whilst ensuring you have the assets you need to expand.
From new and used plant and small printing presses to complete production lines, we can help you find almost an tangible manufacturing asset in a way that will suit your financial base.
You sign over one of your outstanding invoices.
We fund up to 90% of your invoice within 24 hours.
Your customer pays us 100% of the value of the invoice.
We will transfer the rest of your invoice value back to you minus a finace fee of 5%*.
* The finance fee applies for a standard invoice with 30 days payment terms.
In 2017 we engaged three of RiverRouge’s Interims to lead our Quality initiative and push through significant changes across our process spectrum. The consultants immediately seamlessly connected with the organisation and established themselves as respected colleagues as opposed to “external consultants”. They balanced the use of simple practical tools in aspects of quality and stayed away from theoretical models that may not work in practice. They spent significant time from the start to train up our employees and avoid the ”traditional” over dependency on the consultants. RiverRouge is still an important partner for us today and continues to provide excellent service for our operation.
We approached RiverRouge with the aim of optimising our working practices in the Power Unit department. A lot has improved since, with RiverRouge implementing simple and effective tools which are used on a day to day basis by our people. To date River Rouge consultants are involved in a range of transformational activities throughout the organisation. Their ability to provide the best suitable advisors who are hands-on with automotive and motorsports experience and a clear commitment to adapt their approach to suit our needs has led to very satisfactory results and sustainable solutions. We certainly foresee a long term partnership with RiverRouge.
The consultants from RiverRouge were very professional and not only strong on the technical side of solving engineering problems but also showed a lot of experience in restructuring of large teams and complex programs. They quickly built up the respect of our teams and were pushing the programs and engaging with our suppliers as if they were managers of our own organization. We made extremely fast progress once we had them on board and we even managed to catch up on milestones which we thought were long lost before we started working with RiverRouge. Engaging RiverRouge was a crucial step to success with our programs. We would therefore highly recommend RiverRouge to any business looking for an agile team which hits the ground running to help organisations reaching their targets.
RiverRouge Ltd has supported us with the turnaround of our UK Manufacturing Operations in 2012. The consultancy played an instrumental role in implementing a new strategy and stabilising our business operations in the UK. The hands on approach and practical experience of RiverRouge allowed us to fully integrate one of their consultants to head up our UK Manufacturing Operations as an interim part of the management team. This direct influence on the business enabled us to make significant and sustainable improvements in the organisation in a very short time frame.
Over the last two years we have sourced various interim as well as permanent staff from RiverRouge and the level of candidates provided to us was outstanding without exception. Not only had the support been provided within only a few days of the request but due to RiverRouge’s detailed knowledge of manufacturing operations they all hit the ground running almost from day one without a long introduction period which was crucial for our tight programs. RiverRouge will continue to be our first port of call for key manufacturing personnel in the future.
RiverRouge knows how to implement sustainable process changes. Due to very simple and robust sustainable solutions combined with process confirmation techniques it was easy for us to sustain the achieved results and enable a continuous improvement process to start.