“Factoring unlocks working capital from your sales ledger and provides you with a full credit control service”
Disclosed Invoice Finance enables you to access up to 85% of the value of your outstanding invoices. In addition, it provides you with a comprehensive credit control service which gives you more time to speak to your customers about new business rather than old invoices.
We offer facilities from as little as £10,000 up to £1million for businesses with annual sales of £100,000 and above. We have funded a number of new start businesses as well, and they have grown with us following the support we have provided. One of the main advantages of an invoice finance facility is that as sales grow, so does your facility with us.
The majority of our clients tend to be in industries such as recruitment, haulage, manufacturing, printing and engineering, however we don’t have a strict policy and are open minded and welcome any approaches for businesses looking for funding.
We are able to use our experience to take away the awkwardness of having to ask your customers for payment. Credit control can sometimes be overlooked at busy times, especially if there isn’t a dedicated member of staff carrying out daily calls. Our clients also benefit from access to credit information on existing or potential new accounts.
Other Funding Options
We offer Confidential Invoice Discounting as an alternative to factoring which tends to be more suitable for larger profitable businesses who already have an in-house credit controller and strong backed systems.