What is Invoice Factoring?

Factoring enables you to access the value of outstanding customer invoices before they are paid. We provide the funding and manage your credit control, chasing and collecting outstanding invoice payments which saves you time and money.

Invoice Factoring Benefits

  • Speed – You get up to 90% of your outstanding invoice values in your account within 24 hours
  • Cost-effective – Our collections service means you don’t need to employ a credit control team
  • Time - Our expert teams can handle your entire credit control and sales ledger management
  • Personal - Our local offices and relationship managers ensure we can deliver a more personal service and offer quick decision making
  • Control - Check your funding at all times with our online management system
  • Confidentiality - Our confidential service means we won’t disclose you are using a factoring facility

How does Invoice Factoring work?

Invoice raised

Step 1: Invoice

Simply send your invoice to your customers and a copy to Bibby Financial Services.

Step 2: Receive funding

Receive funding - we advance up to 90% of invoice value to you usually within less than 24 hours.

Step 3: Customer payment

The remaining percentage, minus our fee is returned to you upon customer payment.

Contact Us

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Call us now

Call us now, or set up a specific date and time for someone from our team to call you. 

application form

Get your free quote

Fill in our short form and we will prepare a quote and send it you.

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Drop us an email

Complete our quick contact form and we will call you to discuss your funding requirements.
 

Is factoring right for your business?

  • Your company trades predominantly with other commercial businesses
  • Invoicing is done in arrears and payment terms are within 60 days of invoice date
  • The business would benefit from additional support through an outsourced credit control
Bibby SBCI Funding

SBCI Funding

Proud partners of the Strategic Banking Coprotation of Ireland, providing lower cost funding supporting your business growth

Bad Debt Protection

Protect yourself from your customer's insolvency or payment defaults