In a perfect world, businesses would have a cash inflow occur every time they had a cash outflow. However, we live in the real world and business transactions don’t happen like that. At V12 Finance we realise and understand the importance of this and that is why we pride ourselves on trying to make our transactions as perfect as possible. We have the quickest settlement systems in our market. From you notifying us to ship to us making sure you have the cash in your bank takes 3 - 4 working days. The day you notify us of the goods being shipped we generate our batch, this informs you of the business we are going to pay you for on a daily BACS cycle, the day after we generate a settlement file which you can use to push into your system for automated settlement, the day after that you will find cleared funds in your bank account.
We are consistently looking for ways to improve our systems to benefit you and thus strengthen our proposition, until we have paperless agreements our settlement systems are the quickest and as good as we can get them. We are proud of this and we are proud to provide a stable and credible offering, we couldn't do this without ensuring swift settlement, we are clear about how it impacts your business and our integrity.
I look forward to keeping you posted of further developments in the coming months!
Scott J Davies
Managing Director
V12 Finance
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