We can help you and other trades, too.
Turn your invoices into cash for working capital and cash flow
A ‘factor’ is a term used by a financial source or financial institution that offers to buy invoices from a company for the amount of such invoices minus a discount rate. Factoring Finance will automatically have up to 70% of the invoice amount, with the remaining remainder, minus financing charges, until the invoiced party has paid.
Factoring Finance is an efficient and scalable form of financing as it allows companies access to quick, short-term cash flow without the need to purchase real estate or assets equivalent to security. There are few funding solutions open to small to medium-sized businesses such that this form of cash flow or invoice funding is an essential to reliable service.How We Work
Our biggest concern at FactoringFinance is that your clients are creditworthy and able to pay the invoices on time. When all the financial conditions have been fulfilled, we will buy the approved invoices at full value. Once authorised, we will make an overnight cash deposit of 70% of that amount to your corporate bank account. After receipt of payment from your Clients, you should collect the amount minus our fees.