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, Ex-Director-General, CBI The Times

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Factoring, in one form or another, has been around for thousands of years. Factoring releases the funds locked up in outstanding sales invoices, is a sure-fire way to turn your outstanding debtors into cash. Factoring is frequently used by businesses to improve cash flow. It can also be used to decrease administration expenses.
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