Debtor Finance

Factoring

Our Factoring service means that we can help you improve your cash flow by providing an immediate injection of cash against the value of your outstanding debtor book. Once the facility is in place, we will release up to 85% of the value of each new invoice that you raise, within 24 hours. The remaining 15% is paid to you, less a small service fee, once we receive payment from your customer.

In addition to this useful cash injection, we can also save you valuable management time. We manage your sales ledger by chasing and collecting outstanding invoice payments from your customers on your behalf, so that you have more time to concentrate on generating new business.

We will prepare and send out statements, telephone all your customers, collect payments for you and maintain professional and detailed accounts of your transactions.

You remain in control by working with a dedicated account manager who ensures your customers are as happy to deal with us as they are with you, and we also give you 24/7 access to your customers' accounts over the internet so you can keep track of payments received and the amount of funding available to you.

How Much Does It Cost?

Our services are tailored to your business so the fees will depend upon your specific needs.

There are two types of fee. The first is the cost of the money you use, which is extremely competitive when compared with other forms of finance. The second is a service fee.

Invoice Discounting

Our Invoice Discounting service means that we can help you improve your cash flow by providing an immediate injection of cash against the value of your outstanding invoices. Then as you raise an invoice, we can release up to 85% of the value of that invoice within 24 hours. The remaining 15%, less a small service fee, will be paid to you once your customers pay.

This means your business has access to an ongoing supply of cash linked to your sales. So as your business grows so does the amount of funding available to you.

To help you stay in control of your money, we provide you with 24-hour Internet access so you can keep track of payments received and the amount of funding available to you.

Am I Suitable?

Your business needs to be turning over in excess of £1 million per annum and trading profitably.

How Much Does It Cost?

Our services are tailored to your business so the fees will depend upon your specific needs.

There are two types of fee. The first is the cost of the money you use, which is extremely competitive when compared with other forms of finance. The second is a service fee.