Invoice Factoring

Factoring

Provision of an immediate injection of cash against the value of outstanding invoices.

As invoices are raised, up to 85% of the value of the invoice is released within 24 hours; the remaining 15% is paid less a small service fee once payment is received from the customer.

The Business has access to an ongoing supply of cash linked to sales.

Management of sales ledger by chasing and collecting outstanding invoice payments from customers on businesses behalf.

Preparation and sending out of statements, telephoning of all customers and collection of payments.

Maintaining dedicated accounts of transactions.

Confidential Factoring

Exactly the same as factoring but everything is confidential.

Confidential sales ledger management service.

Chase and collect outstanding invoice payments in the businesses name.

Preparation and sending out of statements that carry the businesses company logo.

Telephone all customers in company’s name.

Non-Recourse Factoring

Exactly the same as factoring but additionally.

Added bad debt protection. This provides peace of mind that the company gets paid even in the event of a customer’s insolvency or
inability to pay.

Export Factoring

Help businesses to develop overseas profitability with confidence.

Immediate injection of cash against value of outstanding export invoices.

Remove hassle of dealing with overseas customers, by chasing and collecting outstanding invoice payment from companies’ overseas customers.

Company can decide whether to use in-house multilingual team or worldwide network of associated companies.

Preparation and sending out statements, telephoning overseas customers in their own language.

Smooth out problems of fluctuating exchange rates by offering multi currency facilities.