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