Factoring

How Factoring invoices can help your business

If you want to unlock cash tied up in outstanding customer invoices and free up your time chasing late payments, then Factoring can help your business. It supports your cash flow and is time efficient because we manage your sales ledger, credit control and collect payments from your customers.

Factoring can help you manage the gap between raising customer invoices and getting paid. While at the same time freeing up your time because we manage your invoicing and debt collection processes, unlike Invoice Discounting where you manage it yourself.

Is your businesses suitable for Factoring?

Your business could benefit from Factoring finance if you:

• provide goods and services to other businesses
• issue your customers with credit terms of between 30 and 90 days
• want us to manage your credit control

We offer discrete and confidential invoice Factoring

If you do not want your customers to know how you’re funded, or if you would prefer to keep your credit control function in-house, we can offer confidential service. This means we do not disclose to your customers that you are using a factoring facility and you maintain the relationship with your customers. 

To keep the process confidential, your customers make payments into a trust bank account in your name even though the funds are paid to us. That way your confidentially is secured.