Invoice Factoring

Invoice factoring could supply your business with a cash improvement or can smooth your capital. It gives around 90 % of your gross outstanding invoices.

Invoice Factoring / Finance releases cash currently tied up in outstanding customer invoices – ideal for funding expansion plans or improving your cashflow. There are two main types: factoring and invoice discounting. With factoring the lender provides both funding and credit control. With invoice discounting only the funding is provided.

At Invoice-Funding.co.uk we recognise that money is the lifeline of any type of business. Our expertise and experience in cash flow solutions enables us to establish inexpensive centres that are structured in a manner that will certainly meet your company needs.

Our purpose is to guarantee that your company has an invoice factoring facility that is fully enhanced. That means your prices are reduced and the money produced is maximised. We do this by taking into consideration the complete costs rather than just the headline prices of invoice factoring and by taking into consideration any restrictions that could lessen the funding generated. Our years of experience of helping companies like yours enable us to do this successfully to make sure that you the customer save both time and money.

Just Some of the Invoice Factoring Funders we Work With…

The perks of invoice factoring

Factoring offers your company a number of benefits that include:

Smoothing your capital by releasing up to 90 % of the money bound in overdue invoices.
Supplying an optional outsourced credit control service to gather in overdue invoices with letters, month end statements and telephone calls.
Confidentiality if needed. If you feel that you would like to keep the facility confidential there are confidential factoring facilities available.
Invoice factoring expands in line with your sales offering the functioning resources to assist your business expand and thrive.
Facilities are offered for companies of all sizes from new beginning companies through to significant corporate businesses.

To gain the benefits of an invoice factoring facility it is crucial that the facility is structured effectively from the beginning to meet the unique needs of your company. It is important that you understand the fees entailed and also ways to manage those costs. This is where the expertise of Invoice-Funding.co.uk could add value to your business.

The criteria of invoice factoring

As mentioned in the benefits invoice factoring is readily available to petit new start businesses right through to large well acknowledged businesses. Exactly what are the basic criteria for obtaining a factoring facility?

You need to be a company selling to various other companies.
You need to be selling on credit terms or planning to do this.
You need to be raising invoices in arrears of delivery of the goods or service your business offers being provided.
Your consumers must be credit history worthy.

If you fulfil the above requirements there is an excellent opportunity that we could source a suitable facility for your company.

We wish to establish a facility, what do we need to do next?

Get in touch

Let us know how your business operates. Tell us how your invoicing system works and what kind of paper trail you have between your sales ledger and customers.

We’ll use your information to secure funding from the most suitable lenders. We work with low-cost lenders that are often much cheaper than high-street banks.