Factoring is a working capital facility where your business sells its invoices (Book Debts) to the Factor for up to 90% of the gross invoice value.

The benefits of this product are:

  • You can generate more funding than traditional bank overdrafts as it is linked to actual sales; the facility can grow with your turnover
  • You get paid when sales invoices are raised releasing cash immediately
  • You can outsource your credit control and sales ledger functions reducing your administration burden
  • You can reduce the risk of non-payment  by taking out Debtor Protection
  • You will be advised on the creditworthiness of your customers
  • Simple and transparent pricing with straightforward terms and conditions

This product assists clients through their growth cycle from start up to mature businesses

Established businesses click here for Invoice Discounting.

Please contact us to discuss your requirements in more detail.