Factoring

Factoring

Factoring is a flexible business funding solution designed to improve cash flow by releasing working capital from outstanding invoices and injecting it back into the business quickly, efficiently and cost effectively. Unlike other lines of credit, factoring will grow in line with the business’s sales, making it the ideal support for business growth.

What factoring can do for your business

  • Fast, flexible source of funding which grows in line with sales
  • Improves cash flow to free management time and focus on growth
  • Credit insurance if required
  • Invoices to cash flow within 24 hours
  • Full back office support

How it works

Invoice raised

Invoice

Send your invoices to your customers and send us copies

90%

Receive funding

We advance up to 90% of the invoice value to you

customer payment

Customer payments

We chase payment then send the remaining invoice value to you

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