We're here to help! Just ask us a question and our experts will get right back to you.*
All fields are required.
Error ocuured.
Mail sent successfully.
Common questions asked by some customers on factoring?
HomeFactoringCommon questions asked by some customers on factoring?
“Isn’t Invoice Finance Expensive?”
“Will it upset my customers?”
The cost of borrowing compares with an overdraft and may be cheaper.
Invoice finance companies act as collection agents for businesses for all sizes. It will be unusual if your customers does not already pay several invoice finance companies already.
A typical service charge is in the range of 0.25% – 3% of T/O and is calculated on an individual basis.
A specific Client Manager and Client Administrator will be assigned to each client to understand your ledger and customers.
It is more than just finance, it offers growing businesses a range of benefits that are not matched by other forms of finance.
The debt turn of our clients is significantly better than the UK average.
It fuels the sales of businesses large and small.
40,000 businesses use Invoice Finance including many well-known Companies.
It can be cheaper than employing a credit controller.
For suitable businesses a funder may offer a confidential facility.