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Is my business suitable for factoring?
If your business sells on trade credit
terms to other businesses, the answer is probably yes! Sales can be
UK or export.
Factoring is the raising of funds
against your debtor book combined with sales ledger management.
Invoice discounting is the raising of
funds against your debtor book, whilst you maintain control of the sales
ledger management. Invoice discounting tends to be more suitable for
established businesses with a healthy balance sheet.
In addition to established trading
businesses, we have assisted clients in the following situations:
- New Starts
- Low turnover (£50K+)
- CCJs
- Phoenixs
- MBO/MBI
- Construction
- Single debtor / High concentrations
- Declined by another factor
If your business is already factoring,
are you getting the best deal? Please contact us and we will be happy to
investigate. There are over 80 factoring companies in the UK today, the
choice is bewildering - however we know which ones deliver!
Our service to you is FREE, the
factoring company pay us a commission for new clients and since all
companies pay about the same, we can be a truly independent factoring
broker.
To see some examples of how we have helped other clients,
please see our CASE STUDIES, alternatively
take a look at our dedicated site
factoringadvice.com
for a detailed look at invoice finance.
Contact us today and let us help you to
find the right invoice finance provider.
CLICK HERE
for our online enquiry form or call us on
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