Invoice Discounting & Factoring
Many of our asset finance customers are users of factoring and invoice finance facilities. Over the years we have often been asked if we can assist with factoring and invoice finance. Therefore in 2016 we decided to establish our own Factoring & Invoice Finance Brokerage.
We have established agencies with many of the main lenders in the market and we can help you find the right package quickly. We can source deals for businesses from start ups to those who are well established.
If you are already using factoring or invoice finance we can provide a free review. You will then see if significant savings can be made, which is often the case.
Why use Factoring or Invoice Finance?
- You receive 80-90% of eligible debts, often within 24 hours of sending the invoice.
- Accounts receivables management available.
- Improves cash flow, often larger limits than bank overdrafts.
- Credit reviews for new customers.
- More cash means you can offer your customers better payment terms and negotiate better terms from suppliers.
