Category Archives: Factoring News

Up to date news on the Factoring and Confidential Invoice Discounting Industry

Types of Invoice Finance

The main services are described below using ‘traditional’ factoring industry terminology which the majority of factors still use, and in any event, will all recognise. It should be noted that services may differ slightly between factors  Services provided by factors … Continue reading

Posted in Factoring, Factoring News | Tagged , , | Leave a comment

There are two basic types of Factoring in use today

There are two basic types of Factoring in use today; Full Factoring & Confidential Invoice Discounting, both of which are governed by a written agreement. The agreement typically lasts for 12 months and automatically rolls over, subject to review. Termination … Continue reading

Posted in Factoring News | Tagged , | Leave a comment

Factoring and Invoice Discounting are becoming an increasingly important

“Factoring and Invoice Discounting are becoming an increasingly important and flexible means of funding for growing businesses”. TIM MELVILLE-ROSS, Former Director General of the Institute of Directors

Posted in Factoring News | Tagged , | Leave a comment

Factoring and Invoice Discounting could usefully provide business

“Factoring and Invoice Discounting could usefully provide business with the opportunity to grow. The contribution Factoring can make is recognised and increasingly accepted as part of the financing menu”. EDDIE GEORGE, Governor of the Bank of England

Posted in Factoring News | Tagged , | Leave a comment

Small companies could help themselves by making more use of Factoring

“Small companies could help themselves by making more use of Factoring and Invoice Discounting. These products have the advantage of being linked directly to the volume of sales, so that the available financing grows as the business grows”. HOWARD DAVIES, … Continue reading

Posted in Factoring News | Tagged , | Leave a comment

Factoring Companies Target Market

If you are considering Factoring ever wondered what banks consider their target market? Manufacturing, distribution, wholesale and service sectors Turnover in excess of £150K (actual or projected). Limited entities, Sole Trader, Partnership, MBO’s, MBI’s, acquisitions and mergers Rapidly increasing turnover … Continue reading

Posted in Factoring News | Leave a comment

Summary benefits of Factoring

Invoice Discounting Confidential / client retains responsibility for sales ledger administration Flexible funding / sales driven Complementary to overdraft No security required No dilution of shareholder equity Improved / predictable cash flow Optional bad debt protection Full Service Factoring Additional … Continue reading

Posted in Factoring News | Tagged , , | Leave a comment

Full Service Factoring

Full Service Factoring IS Particularly Suited to Up-and-Coming Small and Medium-Sized Enterprises Full Service Factoring provides working capital finance – up to 85% (and sometimes up to 100%) of the value of approved debts i.e. the value of those invoices … Continue reading

Posted in Factoring News | Tagged , , | Leave a comment

Customers benefit from Factoring

Almost all customers will view the principal benefit of Factoring or Confidential Invoice Discounting to be the financial facility, initially. Almost all customers will subsequently discover that their business realises additional benefits from the service element. Why won’t my Bank increase … Continue reading

Posted in Factoring News | Tagged , | Leave a comment

Debt Factoring Company in Harrogate UK – First Factor Finance Ltd

Debt Factoring Company in Harrogate UK – First Factor Finance Ltd.

Posted in Factoring News | Tagged | Leave a comment