Get Paid on Time every time
Do you sell to customers on credit? For a flexible and lower-cost alternative to overdrafts use Factoring or Invoice Discounting. This financial service guarantees payment of all invoices issued up to 90% of invoice value – normally within 24 to 48 hrs from the time you issue the invoice.
Factoring and Invoice Discounting are growing and are used today by around 25% of UK business owners.
Whatever the size and age of your business if you would like to discuss the suitability and benefits then please call us today on 07453 286810 or request a callback.
Factoring provides cash to your business with no time delay from issuing invoices.
For many SMEs, outstanding invoices are their largest asset. Most SMEs do not have the resources and information systems to efficiently collect their outstanding invoices. Factoring can be a smart alternative to transfer the debt and almost immediately get cash advances with the issuance of an invoice.
The industry is large and growing. Almost 45% of UK SME’s use factoring and in 2015 over £100 billion turnovers was factored. Contact us today for a no-obligation discussion and quotation.