Invoice factoring and finance for SME businesses
What is an SME?
The term SME stands for 'Small and medium enterprises'. In the UK an SME is business whose number of staff or yearly sale falls below certain limits.
The UK factoringhelpline.co.uk provides general advice and information to SME businesses to provide then access to business funding such as invoice factoring and invoice discounting.
The factoringhelpline.co.uk invoice factoring service allows business to search for potential sources of help invoice factoring to develop businesses.
What is invoice factoring?
Invoice Factoring is the process of a business that sells on credit to sell its invoices to a third party called an 'invoice factoring' company.
An invoice factoring company will process the invoices and allow a business to draw funds against the money owed on the purchased invoices.
An invoice financing company provides the following service:
- Finance
- Debt collection
- Ledger management service.
What would an invoice factoring suit an SME's finance need?
Invoice factoring is commonly used by SME businesses
- To improve cashflow finance
- Reduce administration overheads
- Provide value added service allowing them to compete with large more established businesses
The factoringhelpline.co.uk services are completely free of charge so if you are involved as a construction subcontractor in the building and construction industries and are interested in factoring and other cashflow solution then please call on 0800 597 4757
Factoring Menu
Industry Specific Factoring Options
The UK Factoring & Invoice Discounting Helpline is a leading finance brokerage specialising in factoring and invoice discounting. We offer free, independent and impartial advice on business finance options. We have been helping businesses of all sizes and commercial sectors solve cashflow problems for more that 10 years. We have found factoring and invoice discounting facilities for many thousands of businesses and remain in contact with all our clients.