Factoring allows you to access money tied up in “debtors” – that is money that is owed to you by your customers.
You can draw up to 85% of the invoices not yet paid within 24 hours of the invoice being raised and get the balance when the customer pays (less factoring fees)
This is done by using a funding and collections service.
The full credit control operations are undertaken by the funder – leaving the client free to get on with their business.
Benefits of FACTORING:
- Access up to 85% of your outstanding invoices within 24 hours
- Expert credit controllers handle all your collections allowing you free time to devote to your business
- It allows you to stay in control of your finances with online management systems and a dedicated client manager
Contact us for more information and we can help put the most suitable company in front of you.
Our services are free to you – what have you got to lose?