Is my business suitable for Factoring?

Is my business suitable for factoring?

If your business sells on trade credit terms to other businesses, the answer is probably yes! Sales can be UK or export.

Factoring is the raising of funds against your debtor book combined with sales ledger management.

Invoice discounting is the raising of funds against your debtor book, whilst you maintain control of the sales ledger management. Invoice discounting tends to be more suitable for established businesses with a healthy balance sheet.

In addition to established trading businesses, we have assisted clients in the following situations:

New Starts

Low turnover (£50K+)

CCJs

Phoenixs

MBO/MBI

Construction

Single debtor / High concentrations

Declined by another factor

If your business is already factoring, are you getting the best deal? Please contact us and we will be happy to investigate.

Contact us today and let us help you to find the right invoice finance provider.