Factoring and Invoice discounting is a method of being able to finance your working capital requirements by utilising the asset of your debtor book, i.e. funds owed to the business.
Factoring and invoice discounting is now widely used and indeed accepted as a viable alternative to the traditional overdraft facility. Some 40,000 businesses across the UK use factoring and invoice discounting.
For businesses that are expanding, a factoring or invoice discounting facility can be an ideal way to fund the growth, possibly preventing the need for further capital injections.
It is also possible to factor single invoices, borrow money for stock purchases against confirmed orders as well as fund imports.
We have access to all of the providers in the market, so can provide you with expert and independent advice.
Please contact us for further details.
Not all forms of mortgage are regulated by the FCA.