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