FINANCE
Working Capital Specialists
Receivable Finance Companies 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 Receivable Finance Companies change their parameters and Receivable Finance Companies deals previously taken 'as read' are no longer so certain, with Receivable Finance Companies terms of engagement being changed on a regular basis, creating plenty of unforeseen hassle for busy Management.
Our access to many different Receivable Finance companies means we aim to remove these Receivable Finance uncertainties, give you peace-of-mind, and a good solution to your Receivable Finance needs. Our Receivable Finance Companies advisory is FREE and without obligation. "
Tony Platts, Managing Director
Receivable 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 Receivable Finance Companies within 48 hours with the use of Receivable Finance. The Receivable Finance balance is available, less a small administration charge, when your customer pays the Receivable Finance Company.
A dedicated Receivable Finance sales ledger and credit management
service is also provided with the Receivable Finance service.
Working to your instructions the Receivable Finance Companies collect invoices, payments, issues statements etc but ensures good customer relationships are maintained.
Benefits of Receivable 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. Receivable 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.
Receivable 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 Receivable Finance Companies.
If you are looking for a cost effective flexible way to raise money for your growing business Receivable Finance should be strongly considered.
How much working capital could be released by Receivable Finance?
Enter your current sales ledger value and your overdraft limit to calculate the potential cashflow benefit of Receivable Finance. Unleash your businesses potential!
| Your Existing Overdraft | Your Outstanding Debtors | Invoice Finance Advance % | Extra Working Capital | ||
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Full Service Receivable Finance Companies provide a complete out sourced credit management solution. Businesses using Receivable Finance Companies facility save costs on staff, postage, stationery, telephone calls and, most importantly, valuable management time can be used more productively.
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