If you’re interested in using factoring services to improve your business cash-flow, why not ask for a quote and see which factoring company can offer you the best rate? Below are some examples of typical requests:
B2B infos
...Continue readingA brief overview of invoice discounting
In the simplest terms, invoice financing is when a company assigns its sales ledger debts to a chosen factor for a specified period of time. Although the standard term is 12 months, some factoring companies will accept contracts from as little as three months, whilst others will not accept shorter periods.
B2B infos
...Continue readingHow invoice factoring companies differ from banks
Although both processes involve a form of borrowing in order to improve cash-flow, invoice factoring is an entirely different process from taking out bank loans. There are three notably significant differences between taking out a bank loan and employing the services of invoice factoring companies. These are as follows:
B2B infos
...Continue readingWhat makes a good factoring company?
If your business is facing short-term financial troubles, turning to a factoring company can prove a very useful way of turning your outstanding invoices into almost instant cash.
However, it is important to choose the right factoring company as the wrong one could potentially make your business finances more complicated than necessary.
B2B infos
...Continue readingComparing invoice factoring and overdrafts
At times a bank overdraft can be fairly restrictive, which as a result can slow the growth of your company. Invoice factoring is a good solution to this as there are less restrictions and cash is provided much more promptly.
The problem with overdrafts
B2B infos
...Continue reading