Factoring is a comprehensive sales funding and credit management facility. It is completely flexible and gives you the freedom to concentrate on growing your business.
You will be supported by a personal Client Manager, whose team will look after your customers, liaising and chasing outstanding invoices on your behalf.
100% bad debt protection is also an option with this facility.
The Benefits
- Releases up to 95% of the invoice value.
- No more cash flow headaches, allowing you time to concentrate on developing your business.
- The ability to continue to give your customers the credit they expect, while obtaining immediate ‘cash on delivery’ from your sales invoices.
- The opportunity to make considerable savings in your current administration costs.
- Significantly improve your average customer payment period.
