Find the Best Deal by Comparing Invoice Factoring Quotes
Find the Best Deal By Comparing Invoice Factoring Quotes
Turn your Invoices into Cash in 3 simple steps!
Why Invoice Factoring?
Invoice Factoring, also known as Invoice Finance or Invoice Discounting, enables you to access the value of outstanding customer invoices before they are paid, by using a funding and collections service. An invoice factoring company will extend a company a loan of up to 90% of the face value of its outstanding invoices, and also accepts businesses with weak credit.
What are the benefits?
Invoice Factoring provides funding that grows automatically with your turnover, so can often be simpler than extending your overdraft. It allows you to unlock capital trapped in your unpaid invoices, which then frees up money for business expansion or for servicing debt repayments. By outsourcing credit control, you can redeploy staff elsewhere or do away with internal credit control altogether.
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