Why use factoring?
Your business may be successfully generating sales, but optimising cash flow and keeping on top of late paying customers can distract your focus. Factoring is a great solution, effectively turning your unpaid invoices into working capital.
Our factoring facility can release up to 85% of the value of your invoices up front. You can then relax, knowing that our friendly local teams will collect the money owed, sensitively and professionally. Once the debt is collected, we pay you the balance less an agreed fee.
Our areas of industry expertise include:
• Recruitment
• Engineering
• Print & packaging
• Transport & haulage
• Manufacturing
• Wholesale & distribution
• Service industries
Factoring features and benefits:
• Quick access to working capital
• Up to 85% of the value of your invoices available as soon as you raise them
• Support from a friendly and professional credit management team
• Reduced time and cost in administration fees
• Gives you access to cash that grows in line with your turnover, not your credit rating
Contact us for further inquiry