Introduction
We are strong advocates of the factoring industry in the UK as it continues to grow and to support businesses whilst many traditional high street bankers continue to retrench.
However, we are not believers in the “one size fits all” approach and neither do we believe that factoring offers a solution in every case.
Our aim is to shed some light on how factoring works whilst explaining the pitfalls as well as the advantages of using the service
Free advisory service
We offer a free introductory and advisory service for UK companies considering factoring and invoice discounting.
This free service applies if you are at the early stages of considering factoring, if you already have an offer or even if you already factor and would like to benchmark your present contract.
Our advice will cover not just which of the 50 or so factoring companies will best suit your needs but we will also advise on charges and terms and conditions to expect – areas in which there can be considerable differences to trap the unaware or inexperienced.
The offer extends to:
- Advising which of the 50 or so factoring companies are most appropriate for your needs.
- Negotiating the cost of the arrangement.
- Assisting with negotiations in respect of other terms and conditions on your behalf.
- Advising on the appropriateness of the package.
The service is free because the factoring companies pay us introductory commissions for successful deals. Note the word “successful” which means that it is as much in our interest as your to ensure that you are happy with the outcome.
If you are considering factoring, you have nothing to lose and can only gain by contacting us – so why wait any longer?review then call us, write to us or e-mail us giving a contact name and telephone number and we will get in touch with you immediately.