| Factoring invoices allows you far greater | | | | form of invoice finance) offers most |
| flexibility to access your outstanding debts | | | | businesses the great benefit of providing |
| and improve your cash-flow. This improved | | | | cash against unpaid invoices. Due to the way |
| cash-flow can be used for any normal business | | | | that borrowed money is secured, factoring |
| activities such as:Better working capital | | | | frequently allows businesses to borrow larger |
| (startups and mature businesses) | | | | amounts of money compared to more traditional |
| | | | forms of commercial finance such as bank |
| Additional sales ledger management | | | | overdrafts.You will receive advances of funds |
| | | | against your outstanding sales invoices. You |
| Capital intensive projects | | | | inform your bank or invoice factoring |
| | | | provider electronically or by post that you |
| Acquisitions | | | | have issued an invoice and the factoring |
| | | | service will typically provide up to 90% of |
| Financing rapid growthInvoice Factoring | | | | the value of your invoices and can usually be |
| often allows greater access to funding for | | | | paid out within 24 hours of raising them. The |
| companies where funding can traditionally be | | | | remaining debt is forwarded to you once the |
| harder to access because of the age of your | | | | debt is settled, less any finance charges.A |
| business or the lack of security you can | | | | key benefit of Invoice Factoring is its |
| provide. Factoring can be seen as a | | | | ability to provide credit management |
| short-term loan.Invoice factoring is a | | | | releasing valuable time for your business. |
| flexible and tailored service which allows | | | | The factoring provider will agree procedures |
| you to dramatically improve your cash | | | | with you and send statements and reminders to |
| flow.How does Invoice Factoring work? | | | | your customers of outstanding debts. Beyond |
| | | | this, you at all times remain in control of |
| Factoring (and invoice discounting, another | | | | your customer relationships. |