We are intermediaries and brokers in Factoring, Invoice Discounting, Business and Trade Finance. We have in depth and up-to-date knowledge of the Factoring and Invoice Discounting market.
Cashflow for growing businesses go »
"The First Factor Team sees how business owners are having to deal with the uncertainties and changing dynamics of the current climate as Account Receivable Factoring Companies change their parameters and Account Receivable Factoring deals previously taken 'as read' are no longer so certain, with Account Receivable Factoring terms of engagement being changed on a regular basis, creating plenty of unforeseen hassle for busy Management.
Our access to many different Account Receivable Factoring funders means we aim to remove these Account Receivable Factoring uncertainties, give you peace-of-mind, and a good solution to your Account Receivable Factoring needs. Our Account Receivable Factoring advisory is FREE and without obligation. "
Tony Platts, Managing Director
Account Receivable Factoring releases the funds locked up in sales invoices. A client can typically raise up to 90% of the value of its unpaid invoices with Account Receivable Factoring within 48 hours with the use of Account Receivable Factoring. The Account Receivable Factoring balance is available, less a small administration charge, when your customer pays the Account Receivable Factoring Company.
A dedicated Account Receivable Factoring sales ledger and credit management
service is also provided with the Account Receivable Factoring service.
Working to your instructions the Account Receivable Factoring Company collects invoices, payments, issues statements etc but ensures good customer relationships are maintained.
Benefits of Account Receivable Factoring: your business gains access to an on-going source of funds that is linked directly to sales and so a smooth cashflow is assured. Account Receivable Factoring can improve profitability as the business can pay suppliers earlier, buy in larger quantities and also take advantage of discounts that are available.
Factoring is more flexible than other forms of finance because as your business grows and your sales increase, you can borrow more from the Account Receivable Factoring Company.
If you are looking for a cost effective flexible way to raise money for your growing business Account Receivable Factoring should be strongly considered.
Enter your current sales ledger value and your overdraft limit to calculate the potential cashflow benefit of Account Receivable Factoring. Unleash your businesses potential!
| Your Existing Overdraft | Your Outstanding Debtors | Invoice Finance Advance % | Extra Working Capital | ||
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Full Service Account Receivable Factoring provides a complete out sourced credit management solution. Businesses using a Account Receivable Factoring facility save costs on staff, postage, stationery, telephone calls and, most importantly, valuable management time can be used more productively.