FINANCE
Working Capital Specialists
Discounting 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 Discounting Companies change their parameters and Discounting deals previously taken 'as read' are no longer so certain, with Discounting terms of engagement being changed on a regular basis, creating plenty of unforeseen hassle for busy Management.
Our access to many different Discounting funders means we aim to remove these Discounting uncertainties, give you peace-of-mind, and a good solution to your Discounting needs. Our Discounting advisory is FREE and without obligation. "
Tony Platts, Managing Director
Discounting releases the funds locked up in sales invoices. A client can typically raise up to 90% of the value of its unpaid invoices with Discounting within 48 hours with the use of Discounting. The Discounting balance is available, less a small administration charge, when your customer pays the Discounting Company.
A dedicated Discounting sales ledger and credit management
service is also provided with the Factoring service.
Working to your instructions the Discounting Company collects invoices, payments, issues statements etc but ensures good customer relationships are maintained.
Benefits of Discounting: your business gains access to an on-going source of funds that is linked directly to sales and so a smooth cashflow is assured. Discounting can improve profitability as the business can pay suppliers earlier, buy in larger quantities and also take advantage of discounts that are available.
Discounting is more flexible than other forms of finance because as your business grows and your sales increase, you can borrow more from the Discounting Company.
If you are looking for a cost effective flexible way to raise money for your growing business Discounting should be strongly considered.
How much working capital could be released by Discounting?
Enter your current sales ledger value and your overdraft limit to calculate the potential cashflow benefit of Discounting. Unleash your businesses potential!
| Your Existing Overdraft | Your Outstanding Debtors | Invoice Finance Advance % | Extra Working Capital | ||
|---|---|---|---|---|---|
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Full Service Discounting provides a complete out sourced credit management solution. Businesses using a Discounting 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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