Category Archives: Factoring

Cash is king and having a healthy cash flow is the lifeblood of a business. Instead of being strapped for cash for 60 to 90 days after delivering a major order, a business is able to immediately have access to the cash and then plough the money from sales back into the company, enabling it to quickly and efficiently fulfil other outstanding orders and grow. This makes Factoring a viable option to speed up short term cash flow and provide money for expansion.

A Factoring client can typically raise up to 90% (and even as high as 100%) of the value of its unpaid invoices with Factoring, usually within 48 hours. Some Factoring Companies now offer a same day service, Factoring generates immediate working capital. Factoring has the effect of turning a business, giving credit into a business that receives cash almost instantly and best of all it grows in line with sales and makes cash flow predictable. The Factoring balance is available, less a small administration charge, when the customer pays the Factoring Company.

Client Suitability for Factoring

Client Suitability: Bankers, accountants, or other financial advisors will usually introduce a prospective client. There are also a small number of specialist independent agents who solely concentrate on introducing clients to Factors on a commission basis. The Company will pay … Continue reading

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Advantages of Factoring

In addition to the key benefit of accelerated cash flow, there are several other advantages to Factoring. Customer relations can be improved on the basis the responsibility for collection rests with the Factor, thereby relieving the client from the need … Continue reading

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Small Business Sales Financing sales ledger finance & management

Small Business Sales Financing sales ledger finance & management.  

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Factoring & Invoice Discounting for Construction Sector

Trading conditions remain undeniably tough for businesses operating within the construction industry, as highlighted by a slight 0.5 per cent drop in output during the final quarter of 2011. One of our Factoring and Invoice Discounting Partners has been actively … Continue reading

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Factoring for Growth. Can Banks keep up?

We are experiencing more and more small businesses being affected by the banking community‚Äôs efforts to tighten up their credit facilities and having their availability to obtain working capital continually squeezed. Unfortunately, Banks all over the UK seem to be … Continue reading

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Factoring, Business, and Invoice Discounting Finance

We have updated our factoring page with new content. Factoring, Business, and Invoice Discounting Finance. First Factor UK launches updated advice on Factoring and Invoice Discounting designed to provid invaluable insights into the Factoring and Confidential Invoice Discounting finance facilities.

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Factoring Solutions, sorted with 4 days!

Last week I got a call from a company who’d won a big order from Tesco, needed a Trade Finance and Factoring solution immediately to fund the gaps and maintain healthy cash flow. Sorted within 4 days! Factoring solutions are … Continue reading

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The History of Factoring

Factoring companies, how did factoring companies start and how have factoring companies grown to their current market dominance. Factoring companies are now universally accepted as vital to the financial needs of small and medium-sized businesses. Factoring companies have the support … Continue reading

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