We excel in developing intelligent business funding solutions to improve future cash flow, profits growth and business expansion.
As a business funding broker, we provide free, impartial advice to businesses that want to benefit from a plethora of business funding knowledge, know-how and expertise.
Working with you, we use our entrepreneurial and financial skills to understand your funding needs and then we work with our high street banks and specialist lenders to put your tailored finances into place for you.
Invoice Factoring is ideal for businesses that do not manage their own credit control and are held back by cash flow challenges. With factoring, the lender will be responsible for your credit control as well as managing your sales invoice cash receipts. If you prefer to manage your credit control in-house, you should consider Invoice Discounting.
Invoice factoring allows you to raise finance against your outstanding sales invoices, usually within 24 hours of raising them. The bank will provide you with an online facility, into which you upload your sales invoices. Once approved, the advanced amount (up to 90%) will be made available for you to withdraw as and when you wish. As well as carrying out your credit control, the bank will also reduce your outstanding loan each time a customer pays one of your invoices, with any excess, minus fees, paid into your bank account. Invoice factoring is only available for B2B sales invoices.
• Borrow up to 90% of your sales invoices, normally within 24 hours
• The bank will manage your sales ledger and credit control
• Bad Debt Protection cover can be included, protecting your business
• Flexibility, so that you borrow only as and when required
• Peace of mind, as your home will not be required as security
• Interest is only charged on the money you borrow, not the funding limit
• Provide credit and are held back by a lack of available working capital
• Require a working capital funding limit that grows with the business
• Want the lender to manage their sales ledger and credit control
• Need 24/7 access to make online transfers in to their bank account
For a free no obligation factoring quote, please call 01242 250000, or fill out the form at the top of this page and we will contact you. We are a broker, not a lender so you will receive quality impartial advice from us.
Company Finances Ltd
Business Finance Broker
Tel: 01242 250 000