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