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