May 30 2006
Click4cashflow becomes Venture Factors Direct - www.venture-finance.co.uk

Following the successful 2005 launch of click4cashflow - the UK's premiere online factoring service - Venture Finance today announces the service will become Venture Factors Direct (VFD), and will be fully integrated with the financier's other services.

With VFD, businesses will still have access to the same significant range of benefits, which drove the success of click4cashflow. These include the ability for companies to complete an online application for a factoring facility within 30 minutes and receive an immediate 'in principle' decision in 15 minutes. VFD also offers savings of up to 43 per cent compared to a traditional factoring service and offers businesses the benefit of bad debt protection.

Importantly businesses can now apply for VFD via the Venture Finance website (www.venture-finance.co.uk). Once a VFD application has been approved (and the necessary documentation signed) clients can immediately draw up to 85 per cent of the value of their invoices, 24 hours a day, seven days a week.

Commenting on the decision to bring VFD under the Venture umbrella brand, Simon Button, Manager of VFD, said: "Venture Finance is a well known and trusted brand within the invoice finance industry. We wanted to offer that same brand heritage to our online customers.

"Due to the Internet-based nature of VFD, we can now offer an extremely cost effective factoring service to time challenged business owners, who often need an extra helping hand during the first few years.

"This move also provides clients with greater flexibility to change and upgrade their funding requirements as their business grows. VFD seamlessly integrates with our other product lines, which include Venture Factors, Venture Invoice Finance and Venture Structured Finance."

Venture Factors Direct is suited to organisations with an annual turnover of up to £1 million, including new businesses already generating sales. The transparent pricing system means there are no hidden surprises, with costs clearly outlined on the website.

For more information on VFD, or any of Venture's services, please visit www.venture-finance.co.uk.