“Our publication is actually far too professional to touch the awards spectacle with a bargepole however we have been very happy to recognize an exceptional accomplishment which can be substantiated through sound data.

“Receivables 2009 verifies a couple of trends. A fragile appetite for business funding from the customers of big banks as the UK suffered from recession – this underlines why business lending targets overall are so hard for banks to achieve and is one of several reasons why Lord Mandelson’s talk of credit adjudication panels is hopelessly unworkable – and the manner in which the UK’s several independent invoice finance providers have stood up to the challenge and supported a beleaguered SME sector.

“All of them are worthy of praise but Bibby’s achievement in the UK, as well as expanding into nine countries worldwide, is outstanding and worthy of note.”

As a business owner looking for a suitable factoring company you should also have in mind what you are looking for from an Invoice Factoring Company. Your starting point must be to think of a factoring company as a funding partner to your business activities and as with any partnership in business this is fundamentally a relationship.

Points to Consider when Choosing a Factoring Company

• What credit limits do you need for your existing customers?
• Do you need Credit Insurance or Bad Debt Protection on your customers?
• What are your Cash Flow requirements within your trading cycle?
• Do you still want to maintain the customer contact from a credit collection point of view?
• What percentage do you need funded against accounts receivables or Debtors?
• Forecasts, Is your business growing rapidly, will your funds in use limits be sufficient?
• What are your business gaols and has the factoring company understood them?

These are just some of the points you should be considering when considering an invoice factoring company. At Enable Finance we have a rigorous eye for detail to ensure your business goals are aligned to the correct funding partner for you.

How having the right Factoring Broker Saves you Time and Money

A professional factoring broker such as we at Enable Finance can save you time and money and as a business owner you will know the value of your time. Enable Finance takes time to understand your business and what your specific goals are. Whilst not everyone, in fact most new clients of ours do not know what they need from a factoring company our experience and understanding of the market place makes your life easier and hassle free.

For a RISK FREE and No Obligation Factoring Quote click the link