Factoring and Invoice Discounting Helpline

If you need some support while considering your businesses cashflow position and are considering invoice discounting, here is a partial list of services that may be of help to you.

Most common ways to get invoice discounting help in the UK:

• Bank manager
• Internet
• Management consultant
• Invoice finance broker
• Accountant
• Lawyer

There are nearly 100 factoring and discounting firms in Britain

• Some invoice discounting firms only work regionally.
• Some invoice discounting companies work nationally.
• Some invoice discounting businesses specialise in certain business sectors.
• Some invoice discounting firms work with all sectors.
• Some invoice discounting companies are divisions of the major clearing banks.
• Some invoice discounting businesses are specialist firms.
• Some invoice discounting houses are small and small.
• Some invoice discounting practices are niche finance houses.
• Some invoice discounting specialists are boutique lenders..
• Each invoice discounting firm will have its own criteria as to what sort of customers it wants deal with.
• Some invoice discounter dislike exports businesses.
• Some invoice discounting businesses like a business of a certain size or turnover.
• Some invoice discounting firms like companies with a certain net worth.
• Some invoice discounting businesses are more flexible than others.
• Some invoice discounting houses are cheaper than others
• Some invoice discounters have strict lending criteria
• Some invoice discounting businesses are run by entrepreneurs and can turn into long term mentors.

What to look for while selecting an invoice discounting company seems like a simple question and there can be so many answers to this question. So many things can be considered and some of them are mentioned here. Please call 0800 597 4757 or apply online for guidance on which invoice discounting company to choose.