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