What is invoice factoring?

Invoice Factoring is a quick easy way of financing your receivables.  We can turn your invoices into cash almost immediately. Factoring can bridge the gap between raising an invoice and getting that invoice paid. Factoring provides the cash flow necessary for working capital and growth.

Why factor your  invoices?

• Factoring is easy in that you can turn your invoices into cash very quickly without having to wait.
  
• All you need is a valid invoice.
  

How factoring works

When you send out your invoice you also send us the Gross amount, we will then advance funds of up to 90% of your outstanding sales invoices, normally within 24 hours. Some degree of credit management can also be built into the facility. We currently assist businesses of all sizes including sole traders and limited companies from start-up to maturity.

Manage business growth with factoring

Whether you are a new start business or your enjoying healthy growth and increasing sales, or you're considering expansion, unpaid invoices can really constrain your business. If you are thinking about expanding, the last thing you need is unreliable cash flow. This is where the right factoring provider can help you.

It's a fact of business that many customers delay settling invoices for as long as possible. In many cases you may have to wait 60 days or longer before invoices are settled. This all adds up to bad news when you still need to pay your staff and suppliers on time.

Without the right amount of cash flow when you need it, you may well have to divert precious resources to chasing payment when you should be chasing new business.

• Do you operate a profitable business that is sometimes short of cash? 

• It will  allow you to take advantage of discounts which could lead to more sales?