Invoice Factoring
To remain competitive UK Companies realise that they need to give credit terms to their customers, however, they also need early payment of sales invoices to assist their own cash flow. Invoice factoring services provide this very solution allowing businesses to get the best of both worlds.
- Improve Cash flow with Invoice Factoring
- Release up to 95% of the invoice day 1
- Bad debt Protection & Credit Insurance
- Outsource Credit Control & Collections
- Debt Factoring & Accounts Receivable
- Flexible Funding that tracks your sales
- FREE factoring quotes provided
- Start ups to £30 million turnover
Who is eligible for factoring?
Most businesses trading with businesses that offer goods or services on credit terms are eligible for a factoring service or solution. Because business is broad and diverse factoring solutions are often tailored and customised to the individual business requirement, however, here are a few popular industry sectors:
What is Factoring?
Factoring is a services delivered by a factor, a financial institution that accelerates the cash conversation cycle for client companies, allowing them to gain access to debtors more quickly than if they waited for the normal credit period to elapse. For more information on what is factoring follow the link.
Advantages of factoring?
Funding is flexible and linked to your current and future trading levels and needs. You can plan ahead more confidently and compete more aggressively offering your customers extended credit terms without affecting your working capital or incurring cash flow problems.
Can play a significant part in Business Rescue and Restructure. Often the fastest business life line for a company receiving a Bad Credit rating from customers slow or poor payment record. Company Voluntary Arrangement ( CVA ) CCJ’s, Company Bad Credit Ratings and defaults or Phoenix Accepted.
"M.B.O using factoring"
"An Entrepreneur used Discounting and import finance to exploit a new market beating the competition"
"Business rescued, by using factoring injecting cash directly into our business within 4 days"
