Credit Control

The leasing invoice finance providers aim to be the best in the industry with their credit control service for factoring customers. By listening to their clients, they’ve developed the most tailored credit control process in the invoice finance industry, leaving you free to concentrate on running your business.

Dedicated credit controllers

A factoring company’s credit controllers look after specific clients so your outstanding invoices will be chased by your own dedicated local contact the chosen factoring service provider. Invoice finance providers credit controllers are experts in their field and are able to build strong rapport with your debtors enabling us to collect your payments as quickly as possible whilst protecting your own trading relationship with them.

The complete collection process

Factoring companies don’t just collect your outstanding invoices faster (saving you money) by sending monthly statements and reminder letters, your credit controller will also chase payment by telephone, no matter what size the debt.

Personalised credit control processes

Your dedicated credit controller will tailor how they collect the debt to suit your needs. So, the frequency your debtors are contacted is decided by you.

Tailor-made credit control letters

Not only can our credit control process be tailored to your needs, you can also personalise the wording and the course of action within your credit control letters. This service is unique to the invoice finance sector; so choosing a reputable  invoice finance provider offers this level of flexibility to your credit control.

Reducing your debt turn

Rather than relying purely on the post, factoring companies are able to send credit control letters and statements to your customers by fax and email. This means your customers can receive notice of outstanding amounts electronically and within a few hours of month end cut off – which not only speeds up the payment process but also reduces the amount of paper used.