INVOICE Factoring

Invoice factoring puts you in control

Invoice factoring is the most popular choice from invoice finance funding which is now used by over 50,000 businesses in the UK.

It provides an immediate cash advance against unpaid invoices and is a very effective method in accommodating the day to day demands of cash flow management.

Find out why invoice factoring is the funding choice that works for many small and medium sized businesses by Contacting us here, or calling us on 0845 459 7504.

Here’s how we operate

We select the very best of all the invoice factoring offers, deals and special rates on the market. We match the terms and conditions that best suit your business and we can even tailor fit specific invoice factoring packages to your individual requirements.

We do not charge for initial consultations and financial assessments.

Our experienced business specialists will guide you through the whole process from start to finish. You’ll be assigned a senior account manager whom you will have access to at all times.

We’ll keep you fully appraised throughout and will process your application quickly and efficiently.

If timescales are short we can fast track applications to ensure fast availability of funds.

We’re highly focussed on successful outcomes for our customers.

We guarantee to add value in all the services we provide.

To find out how invoice factoring can benefit your business Contact us here or call us on 0845 459 7504.

The benefits of invoice factoring

• You receive up to 95% of the value of your invoices as you raise them, there’s no need to wait until your customers pay you.
• With invoice factoring there’s no need to secure your borrowing against any other business assets.
• Directors personal guarantees are generally not required.
• Customer and prospective customer credit checking facilities are available.
• Bad debt protection options are available.
• Debt collection and debt management can be professionally undertaken by the lender.
• Funds advanced will grow as your business grows.
• The service will free up management time to concentrate on running the business.
• Invoice factoring allows the business to raise other types of funding.

Invoice factoring explained

Invoice factoring is a method of cash flow funding that advances funds against unpaid invoices and can be as much as 95% of invoice value.

It’s an ideal way of financing working capital and is also used to fund businesses in high growth situations.

The invoice factoring process is quite straight forward and consists of the business raising two invoices, one for the customer and one for the invoice factoring company. The invoice factoring company then advances the agreed percentage of the invoice to the business and once the debt is collected they send the balance less the agreed fees.

Debt collection can either be undertaken by the business or the invoice factoring company. This can be a real benefit to smaller companies who may not have a dedicated credit control department.

Bad debt protection can be included as part of the invoice factoring service if required.

Securing the best funding deal for your business

Invoice factoring is now used by ever increasing numbers of small and medium sized businesses throughout the UK as a real alternative to bank loans and overdrafts.

As independent brokers, we deal with all the main invoice factoring lenders and so can advise you on the most appropriate product for your particular business circumstances and ensure you secure the very best invoice factoring deal on the market. We are highly focussed on successful outcomes for our clients, consistently delivering high funding success rates.

Contact us

We do not charge for initial consultations and financial assessments so you can comfortably discuss your requirements before deciding how to proceed with your invoice factoring options.

To find out how to secure the best finance for your business email us here and one of our business specialists will call you back at a time to suit you, or if you want to speak to someone now, call us on 0845 459 7504.