Raising finance through factoring
Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.
For many small to medium enterprises (SMEs), outstanding invoices are their largest asset. Most SMEs do not have the resources and information systems to efficiently collect their outstanding invoices.
Factoring can be an alternative to transfer the debt collection and ledger management to a factor and almost immediately get cash advances with the issuance of an invoice. The cash can be used to reduce your own debt or for investments to grow your business.
The industry - although often unknown - is quite large (over £60 billion turnover was factored last year). Factoring companies exist as divisions within most commercial banks, as divisions of large financial institutions, as small to mid-sized independently owned companies, and as services offered by individuals.
You don't need to approach all the major factoring companies in the UK separately - we can help you select the factoring company most able to help your organisation.
Just fill in the form below to get a free no-obligation quote.




