Factoring
Is your business growing fast?
Do you need more capital to realise your business potential?
Would you like to reduce pressure on your cash flow?

Unsurprisingly, cash flow problems are the main cause of business failure and can even put an end to businesses that are regarded as highly successful. Cash flow problems are caused by a number of issues but the biggest threat can be related back to the late payment of debtors.

There are however other problems.
Your business is growing and needs an injection of cash to help with the expansion. Factoring can release valuable working capital that is locked up in your invoices, as releasing this capital can be used to help finance your business to grow and be in control of your own expansion. There are basically two types of factoring arrangements that are available in the UK.

Generally you can raise up to 95% of your invoice value but your client is aware that you have factored their debt. Under this scheme the factor company chase the outstanding debt for you and the cost of this service is part and parcel of the contract entered into.

Confidential Invoice Discounting
As with factoring, you can raise up to 95% of the invoice value but confidential invoice discounting means that your client is not aware that you have factored their debt. You remain responsible for collecting the debt and generally it is a cheaper option to factoring.

CLICK HERE To enquire about factoring