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