FINANCE
Working Capital Specialists
B2B Factoring could save you money!
"The First Factor Team sees how business owners are having to deal with the uncertainties and changing dynamics of the current climate as Factoring Companies change their parameters and B2B Factoring deals previously taken 'as read' are no longer so certain, with B2B Factoring terms of engagement being changed on a regular basis, creating plenty of unforeseen hassle for busy Management.
Our access to many different B2B Factoring funders means we aim to remove these B2B Factoring uncertainties, give you peace-of-mind, and a good solution to your B2B Factoring needs. Our B2B Factoring advisory is FREE and without obligation. "
Tony Platts, Managing Director
B2B 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 B2B Factoring within 48 hours with the use of B2B Factoring. The B2B Factoring balance is available, less a small administration charge, when your customer pays the B2B Factoring Company.
A dedicated B2B Factoring sales ledger and credit management
service is also provided with the B2B Factoring service.
Working to your instructions the B2B Factoring Company collects invoices, payments, issues statements etc but ensures good customer relationships are maintained.
Benefits of B2B 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. B2B Factoring can improve profitability as the business can pay suppliers earlier, buy in larger quantities and also take advantage of discounts that are available.
B2B Factoring is more flexible than other forms of finance because as your business grows and your sales increase, you can borrow more from the B2B Factoring Company.
If you are looking for a cost effective flexible way to raise money for your growing business B2B Factoring should be strongly considered.
How much working capital could be released by B2B Factoring?
Enter your current sales ledger value and your overdraft limit to calculate the potential cashflow benefit of B2B Factoring. Unleash your businesses potential!
| Your Existing Overdraft | Your Outstanding Debtors | Invoice Finance Advance % | Extra Working Capital | ||
|---|---|---|---|---|---|
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Full Service B2B Factoring provides a complete out sourced credit management solution. Businesses using a B2B Factoring facility save costs on staff, postage, stationery, telephone calls and, most importantly, valuable management time can be used more productively.
No Obligation Quote
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