Factoring

Our Factoring service means that we can help you improve your cash flow by providing an immediate injection of cash against the value of your outstanding debtor book. Once the facility is in place, we will release up to 85% ofthe value of each new invoice that you raise, within 24 hours. The remaining 15% is paid to you, less a small service fee, once we receive payment from your customer.

In addition to this useful cash injection, we can also save you valuable management time. We manage your sales ledger by chasing and collecting outstanding invoice payments from your customers on your behalf, so that you have more time to concentrate on generating new business.

We will prepare and send out statements, telephone all your customers, collect payments for you and maintain professional and detailed accounts of your transactions.

You remain in control by working with a dedicated account manager who ensures your customers are as happy to deal with us as they are with you, and we also give you 24/7 access to your customers' accounts over the internet so you can keep track of payments received and the amount of funding available to you.

How Much Does It Cost?

Our services are tailored to your business so the fees will depend upon your specific needs.

There are two types of fee. The first is the cost of the money you use, which is extremely competitive when compared with other forms of finance. The second is a service fee.